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

MARKET RECAP – FEBRUARY 14, 2024

STOCK MARKET

Dow Jones ended at $38,424.27 (+0.40%)

S&P 500 ended at $5,000.62 (+0.96%)

Nasdaq Composite ended at $15,859.15 (+1.30%)

The stock market had a turn in momentum as all major indexes recouped some losses following a big sell-off. This was due in part to better-than-expected earnings from companies such as Lyft, as well as positive performance from companies like Nvidia. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite increased, with the latter reporting gains of over 1%. Moreover, although hotter-than-anticipated inflation reading led to initial fears that the Federal Reserve may not cut interest rates as early as investors had hoped, some experts still believe that the market may see some corrective action in the near term, but overall do not anticipate a decline in excess of 10%.

CRYPTO MARKET

Bitcoin rose by 5.12% for the day, with a value of $51,888.38 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 – DECEMBER 19, 2024

STOCK MARKET Dow Jones ended at $42,342.24 (+0.04%) S&P 500 ended at $5,867.08 (-0.09%) Nasdaq Composite ended at $19,372.77 (-0.10%) The stock market experienced a weak close as the Dow Jones Industrial Average narrowly snapped its 10-day losing streak, while the S&P 500 and Nasdaq Composite fell. As a result of the current uncertainty surrounding […]

Read More
Default Thumbnail

DECEMBER 2024

TAKING CENTER STAGE Something notable that has occurred this year is the rise in popularity that digital assets like bitcoin have experienced, especially among institutional investors. In fact, U.S. spot-listed bitcoin ETFs have now surpassed Gold ETFs in assets under management, reaching $129.25 billion compared to Gold’s $128.88 billion. In addition, the CME exchange, popular […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 18, 2024

STOCK MARKET Dow Jones ended at $42,326.87 (-2.58%) S&P 500 ended at $5,872.16 (-2.95%) Nasdaq Composite ended at $19,392.69 (-3.56%) The stock market experienced significant losses across all major indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, primarily due to a less aggressive rate outlook by the Federal Reserve. The Fed’s […]

Read More