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MARKET RECAP – JULY 6, 2023

STOCK MARKET

Dow Jones ended at $33,922.26 (-1.07%)

S&P 500 ended at $4,411.59 (-0.79%)

Nasdaq Composite ended at $13,679.04 (-0.82%)

The stock market witnessed declines across all major indexes for a second day due to the better-than-expected jobs data, which increased investors concerns about the path of interest rates. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all experienced losses, with the Dow Jones leading the falling trend.

CRYPTO MARKET

Bitcoin fell by 0.60% with a value of $30,314.94 as of 3:00 PM CST, as stated by Coin Metrics.

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