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MARKET RECAP – JUNE 16, 2023

Written By: Jenny Galeano Gamboa

June 16, 2023

STOCK MARKET

Dow Jones ended at $34,299.12 (-0.32%)

S&P 500 ended at $4,409.59 (-0.37%)

Nasdaq Composite ended at $13,689.57 (-0.68%)

The stock market ended the week with losses across all major indexes, but it still rounded out as strong week following the recent pause in interest rates. Consequently, the Dow Jones Industrial Average and the Nasdaq Composite experienced declines. In addition, the S&P 500 also decreased, but it still had its best week since March.

CRYPTO MARKET

Bitcoin rose by 3.84% with a value of $26,376.48 as of 3:00 PM CST, as stated by Coin Metrics.

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