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

MARKET RECAP – MARCH 15, 2024

Written By: Jenny Galeano Gamboa

March 15, 2024

STOCK MARKET

Dow Jones ended at $38,714.77 (-0.49%)

S&P 500 ended at $5,117.09 (-0.65%)

Nasdaq Composite ended at $15,973.16 (-0.96%)

The stock market ended the week with losses across all major indexes, primarily driven by concerns about inflation and the upcoming Federal Reserve policy meeting. As a result, the Dow Jones Industrial Average, the S&P 500, and Nasdaq Composite all experiencing declines, with technology stocks being the most affected. In addition, the drop in the S&P 500 and the Nasdaq was also influenced by weaker performances from tech giants like Apple, Microsoft, Amazon, and Alphabet, although Nvidia managed to show some positive movement. Moreover, investors remain cautios, with some suggesting that the Fed might consider raising long-term borrowing rates if economic data continued to strengthen.

CRYPTO MARKET

Bitcoin fell by 0.53% for the day, with a value of $68,969.53 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 4, 2024

STOCK MARKET Dow Jones ended at $42,352.75 (+0.81%) S&P 500 ended at $5,751.07 (+0.90%) Nasdaq Composite ended at $18,137.85 (+1.22%) The stock market managed to end the week on a positive note despite recent setbacks, as the September jobs report revealed that nonfarm payrolls increased above expectations, while the unemployment rate decreased. These results reassured […]

Read More
Default Thumbnail

OCTOBER 4, 2024

JOB GROWTH According to the latest data released by the Labor Department, the U.S. economy saw a significant increase in job creation in September, surpassing expectations and leading to a decrease in the unemployment rate to 4.1%. The nonfarm payrolls surged by 254,000, indicating a robust employment picture and contributing to a positive outlook for […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 3, 2024

STOCK MARKET Dow Jones ended at $42,011.59 (-0.44%) S&P 500 ended at $5,699.94 (-0.17%) Nasdaq Composite ended at $17,918.48 (-0.04%) The stock market is on a downward trend again as tensions in the Middle East continue to escalate, particularly with Iran launching a missile attack on Israel and Israel starting a ground operation into Lebanon. […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 4, 2024

STOCK MARKET Dow Jones ended at $42,352.75 (+0.81%) S&P 500 ended at $5,751.07 (+0.90%) Nasdaq Composite ended at $18,137.85 (+1.22%) The stock market managed to end the week on a positive note despite recent setbacks, as the September jobs report revealed that nonfarm payrolls increased above expectations, while the unemployment rate decreased. These results reassured […]

Read More
Default Thumbnail

OCTOBER 4, 2024

JOB GROWTH According to the latest data released by the Labor Department, the U.S. economy saw a significant increase in job creation in September, surpassing expectations and leading to a decrease in the unemployment rate to 4.1%. The nonfarm payrolls surged by 254,000, indicating a robust employment picture and contributing to a positive outlook for […]

Read More
Default Thumbnail

MARKET RECAP – OCTOBER 3, 2024

STOCK MARKET Dow Jones ended at $42,011.59 (-0.44%) S&P 500 ended at $5,699.94 (-0.17%) Nasdaq Composite ended at $17,918.48 (-0.04%) The stock market is on a downward trend again as tensions in the Middle East continue to escalate, particularly with Iran launching a missile attack on Israel and Israel starting a ground operation into Lebanon. […]

Read More