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MARKET RECAP – JUNE 13, 2024

Written By: Jenny Galeano Gamboa

June 13, 2024

STOCK MARKET

Dow Jones ended at $38,647.10 (-0.17%)

S&P 500 ended at $5,433.74 (+0.23%)

Nasdaq Composite ended at $17,667.56 (+0.34%)

The stock market witnessed mixed performances once again as the S&P 500 and Nasdaq Composite remained near record levels while the Dow Jones Industrial Average slipped for a third consecutive trading session. Traders weighed data showing signs of easing inflation pressures, which boosted optimism in the market. Nonetheless, despite the optimism, the Dow decreased due to the declines in the shares of companies like Salesforce, Amazon, and Caterpillar.

CRYPTO MARKET

Bitcoin fell by 2.17% for the day, with a value of $66,557.22 as of 3:00 PM CST, as stated by Coin Metrics.

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