Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

MARKET RECAP – JUNE 8, 2023

Written By: Jenny Galeano Gamboa

June 8, 2023

STOCK MARKET

Dow Jones ended at $33,833.61 (+0.50%)

S&P 500 ended at $4,293.93 (+0.62%)

Nasdaq Composite ended at $13,238.52 (+1.02%)

The stock market witnessed gains across all major indexes as investors await next week’s inflation data and the Federal Reserve’s latest policy regarding rates. As a result, the Dow Jones Industrial Average experienced gains for a third consecutive day, while the S&P 500 increased reaching its new high for the year. Furthermore, the Nasdaq Composite also increased, leading the upward trend.

CRYPTO MARKET

Bitcoin rose by 0.75% with a value of $26,546.00 as of 3:00 PM CST, as stated by Coin Metrics.

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

MARKET RECAP – OCTOBER 11, 2024

STOCK MARKET Dow Jones ended at $42,863.86 (+0.97%) S&P 500 ended at $5,815.03 (+0.61%) Nasdaq Composite ended at $18,342.94 (+0.33%) The stock market managed to recover from yesterday’s losses, and ended the week on a positive note thanks to a strong start to the third-quarter earnings season, led by banking giants like JPMorgan Chase and […]

Read More
Default Thumbnail

OCTOBER 11, 2024

SIGNALS OF A SLOWDOWN Despite yesterday’s CPI’s report, the producer price index (PPI) report, a measure of wholesale prices, revealed that remained unchanged in September, which indicates a possible slowdown in inflation. The index was up 1.8% from a year ago, with a 0.2% rise excluding food and energy. On the consumer side, the consumer […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 9, 2024

STOCK MARKET Dow Jones ended at $42,454.12 (-0.14%) S&P 500 ended at $5,780.05 (-0.21%) Nasdaq Composite ended at $18,282.05 (-0.05%) The stock market experienced a turnaround in performance as economic data pointed to stubborn inflation, causing the S&P 500 and Dow Jones Industrial Average to retreat from record highs, while the Nasdaq Compositealso fell. The […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 11, 2024

STOCK MARKET Dow Jones ended at $42,863.86 (+0.97%) S&P 500 ended at $5,815.03 (+0.61%) Nasdaq Composite ended at $18,342.94 (+0.33%) The stock market managed to recover from yesterday’s losses, and ended the week on a positive note thanks to a strong start to the third-quarter earnings season, led by banking giants like JPMorgan Chase and […]

Read More
Default Thumbnail

OCTOBER 11, 2024

SIGNALS OF A SLOWDOWN Despite yesterday’s CPI’s report, the producer price index (PPI) report, a measure of wholesale prices, revealed that remained unchanged in September, which indicates a possible slowdown in inflation. The index was up 1.8% from a year ago, with a 0.2% rise excluding food and energy. On the consumer side, the consumer […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 9, 2024

STOCK MARKET Dow Jones ended at $42,454.12 (-0.14%) S&P 500 ended at $5,780.05 (-0.21%) Nasdaq Composite ended at $18,282.05 (-0.05%) The stock market experienced a turnaround in performance as economic data pointed to stubborn inflation, causing the S&P 500 and Dow Jones Industrial Average to retreat from record highs, while the Nasdaq Compositealso fell. The […]

Read More