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MARKET RECAP – JULY 19, 2023

STOCK MARKET

Dow Jones ended at $35,061.21 (+0.31%)

S&P 500 ended at $4,565.72 (+0.24%)

Nasdaq Composite ended at $14,358.02 (+0.03%)

The stock market continued witnessing gains across all major indexes for a third day in a row as investor’s confidence was boosted by the latest earnings reports, with 78% of the companies in the S&P 500 exceeding earnings expectations, Consequently, the S&P 500 increased and the Dow Jones Average registered its longest winning streak in nearly four years, experiencing gains for an eighth consecutive session. In addition, although the Nasdaq Composite did not register significant gains, it still joined the upward trend.

CRYPTO MARKET

Bitcoin rose by 0.92% with a value of $30,047.62 as of 3:00 PM CST, as stated by Coin Metrics.

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