STOCK MARKET

Dow Jones ended at $44,765.71 (-0.55%)

S&P 500 ended at $6,075.12 (-0.19%)

Nasdaq Composite ended at $19,700.26 (-0.18%)

The stock market witnessed losses across all major indexes due to concerns about stretched valuations and lack of enthusiasm or euphoria in the market. Investors were cautious as they awaited the release of key U.S. employment data due tomorrow, which could impact the Federal Reserve’s rate decision later in the month. Additionally, despite solid gains in the previous session, the record-high valuations of the major indexes raised concerns among traders. The outlook for the labor market and the economy, as stated by Fed Chair Jerome Powell, also influenced investor sentiment and contributed to the decline in the S&P 500, the Nasdaq Composite and the Dow Jones Industrial Average.

CRYPTO MARKET

Bitcoin rose by 0.61% for the day, with a value of $99,128.10 as of 3:00 PM CST, as stated by Coin Metrics.