Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

MARKET RECAP – DECEMBER 7, 2023

STOCK MARKET

Dow Jones ended at $36,117.38 (+0.17%)

S&P 500 ended at $4,585.59 (+0.80%)

Nasdaq Composite ended at $14,339.99 (+1.37%)

The stock market experienced gains across all major indexes as traders looked ahead to the upcoming jobs report and showed optimism despite a recent three-day losing streak. The S&P 500 and Nasdaq Composite climbed, and stocks like Google-parent Alphabet, Nvidia, and AMD recorded notable increases. Mixed data releases related to the job market, including lower-than-expected weekly jobless claims and declining continuing jobless claims, provided positive signals. Additionally, hopes for a cooling labor market and the Federal Reserve’s decision to pause interest rate hikes contributed to the positive investor sentiment, ultimately leading to gains in the market, including the Dow Jones Industrial Average.

CRYPTO MARKET

Bitcoin fell by 1.51% for the day, with a value of $43,278.19 as of 3:00 PM CST, as stated by Coin Metrics.

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

MARKET RECAP, APRIL 19, 2024

STOCK MARKET Dow Jones ended at $37,986.40 (+0.56%) S&P 500 ended at $4,967.23 (-0.88%) Nasdaq Composite ended at $15,282.01 (-2.05%) The stock market ended the week with mixed performances as the Nasdaq Composite fell for a sixth straight session due to declines in tech stocks like Nvidia and Super Micro Computer. In addition, the S&P […]

Read More
Default Thumbnail

APRIL 19, 2024

REBOUND AS TENSIONS CALMED Bitcoin made a comeback as tensions eased during the recent conflict between Israel and Iran. Bitcoin’s value initially fell to $59,643 following the news that Israel had retaliated against Iran. However, reports of safety at Iranian nuclear facilities in Isfahan calmed nerves, boosting Bitcoin’s price back up. As of 8:00 AM […]

Read More
Default Thumbnail

MARKET RECAP – APRIL 18, 2024

STOCK MARKET Dow Jones ended at $37,775.38 (+0.06%) S&P 500 ended at $5,011.12 (-0.22%) Nasdaq Composite ended at $15,602.50 (-0.52%) The stock market witnessed mixed performances, with the S&P 500 and the Nasdaq Composite continuing with their falling trend. This was due to the continuous decline in technology shares, which led  both indexes to experience […]

Read More