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MARKET RECAP – JULY 10, 2023

Written By: Jenny Galeano Gamboa

July 10, 2023

STOCK MARKET

Dow Jones ended at $33,944.40 (+0.62%)

S&P 500 ended at $4,409.53 (+0.24%)

Nasdaq Composite ended at $13,685.48 (+0.18%)

The stock market began the week with gains across all major indexes as investors sought to recover from the losses of the previous week. Investor’s optimism was driven by the anticipation of important data to be released later in the week, and the start of the second-quarter earnings season. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all increased, with the Dow Jones leading the positive trend.

CRYPTO MARKET

Bitcoin rose by 2.10% with a value of $30,887.68 as of 3:00 PM CST, as stated by Coin Metrics.

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