STOCK MARKET
Dow Jones ended at $44,782.00 (-0.17%)
S&P 500 ended at $6,049.88 (+0.05%)
Nasdaq Composite ended at $19,480.91 (+0.40%)
The stock market continued witnessing mixed performances as the S&P 500 and the Nasdaq Composite extended their gains for another trading session, while the Dow Jones Industrial Average continued its falling trend. Despite the gains witnessed by the S&P 500 and the Nasdaq, these were relatively small as investors were cautious while awaiting for the outcome of the upcoming job report on Friday, which could provide insight into the Federal Reserve’s actions in regards to rate cuts. Additionally, there were concerns about inflation, interest rates, and earnings, which were supporting a risk-on bias but also creating a bit of uncertainty for investors. Moreover, it is worth noting that the recent rally in stocks since the presidential election may have also led to some profit-taking and fluctuations in stock prices.
CRYPTO MARKET
Bitcoin fell by 0.23% for the day, with a value of $95,630.98 as of 3:00 PM CST, as stated by Coin Metrics.
