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MARKET RECAP – JUNE 12, 2023

STOCK MARKET

Dow Jones ended at $34,066.33 (+0.56%)

S&P 500 ended at $4,338.93 (+0.93%)

Nasdaq Composite ended at $13,461.92 (+1.53%)

The stock market began the week with gains across all major indexes as investors showed optimism about the Federal Reserve not increasing rates in their upcoming meeting. As a result, the S&P 500 and the Nasdaq Composite increased to their highest level in 13 months, while the Dow Jones Industrial Average also experienced gains.

CRYPTO MARKET

Bitcoin fell by 0.43% with a value of $25,829.00 as of 3:00 PM CST, as stated by Coin Metrics.

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