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



Dow Jones ended at $36,247.87 (+0.36%)

S&P 500 ended at $4,604.37 (+0.41%)

Nasdaq Composite ended at $14,403.97 (+0.45%)

The stock market ended the week with gains across all major indexes following the latest solid jobs report and the University of Michigan consumer survey, which indicated a resilient economy and decreasing inflation. Many analysts and investment strategists believe these factors support a “soft landing” scenario for the economy, suggesting that the economy is not at risk of recession. Additionally, the unexpected drop in the unemployment rate and an increase in consumer sentiment contributed to a positive bias for stocks and risk assets.  As a result, the S&P 500 reached a new high for the year, while the Dow Jones Industrial Average and the Nasdaq Composite also joined the upward trend. Moreover, the data also indicated that the Federal Reserve’s rate-hiking cycle may be coming to an end, further boosting investor confidence. Furthermore, amisdst this news, shares of companies like Boeing, FedEx, and Costco hit new highs for the year as investors anticipated the economy avoiding a recession.


Bitcoin rose by 2.77% for the day, with a value of $44,397.71 as of 3:00 PM CST, as stated by Coin Metrics.

Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

JUNE 24, 2024

CRYPTOS PLUNGED The cryptocurrency market is currently experiencing significant losses, marked by its second-largest weekly drop in 2024. This downturn reflects decreasing demand for Bitcoin exchange-traded funds (ETFs) and ongoing uncertainties surrounding monetary policy. An index from Bloomberg tracking the top 100 digital assets reported a 5% decline over the past week, the steepest since […]

Read More
Default Thumbnail


STOCK MARKET Dow Jones ended at $39,150.33 (+0.04%) S&P 500 ended at $5,464.62 (-0.16%) Nasdaq Composite ended at $17,689.36 (-0.18%) The stock market ended the week with mixed performances primarily due to the influential decline of the major player in the technology sector, Nvidia, which dragged down the S&P 500 and Nasdaq Composite. Meanwhile, the […]

Read More
Default Thumbnail

JUNE 21, 2024

STEEP OUTFLOWS It has been reported that as of yesterday, Bitcoin exchange-traded funds (ETFs) in the U.S. recorded their fifth consecutive day of outflows, losing over $900 million this week. Data from SoSoValue indicates that the 11 listed ETFs experienced a loss of $140 million on Thursday with $1.1 billion in trading volumes. Grayscale’s GBTC, […]

Read More