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

MARKET RECAP – MARCH 21, 2024

Written By: Jenny Galeano Gamboa

March 21, 2024

STOCK MARKET

Dow Jones ended at $39,781.37 (+0.68%)

S&P 500 ended at $5,241.53 (+0.32%)

Nasdaq Composite ended at $16,401.84 (+0.20%)

The stock market experienced gains across all major indexes for a fourth consecutive day due to positive sentiment surrounding the Federal Reserve’s expected interest rate cuts. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite, all increased. Despite concerns about the potential for rate cuts, traders remained confident in the Fed’s commitment to easing borrowing costs, leading to a bullish market sentiment. This optimism was fueled by strong earnings reports from companies like Micron Technology, as well as the overall tech sector outperforming. In addition, industrial stocks also saw gains, contributing to the overall positive momentum in the market.

CRYPTO MARKET

Bitcoin fell by 0.85% for the day, with a value of $65,092.26 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 – SEPTEMBER 11, 2024

STOCK MARKET Dow Jones ended at $40,861.71 (+0.31%) S&P 500 ended at $5,554.13 (+1.07%) Nasdaq Composite ended at $17,395.53 (+2.17%) The stock market witnessed gains across all major indexes, including the S&P 500 and Nasdaq Composite, which rose for another trading session as investors picked up shares of mega-cap tech and semiconductor names. This boosted […]

Read More
Default Thumbnail

SEPTEMBER 11, 2024

SETTING STAGE FOR CUTS In August, prices in the U.S. saw an expected increase, while the annual inflation rate reached its lowest level since February 2021. The consumer price index, which provides a broad overview of goods and services costs in the U.S. economy, showed a 0.2% increase for the month. The 12-month inflation rate […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 10, 2024

STOCK MARKET Dow Jones ended at $40,736.96 (-0.23%) S&P 500 ended at $5,495.52 (+0.45%) Nasdaq Composite ended at $17,025.88 (+0.84%) The stock market showed a mixed performance with the S&P 500 and the Nasdaq Composite increasing as tech stocks like Nvidia, AMD, and Microsoft posted gains. However, the Dow Jones Industrial Average decreased as bank […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 11, 2024

STOCK MARKET Dow Jones ended at $40,861.71 (+0.31%) S&P 500 ended at $5,554.13 (+1.07%) Nasdaq Composite ended at $17,395.53 (+2.17%) The stock market witnessed gains across all major indexes, including the S&P 500 and Nasdaq Composite, which rose for another trading session as investors picked up shares of mega-cap tech and semiconductor names. This boosted […]

Read More
Default Thumbnail

SEPTEMBER 11, 2024

SETTING STAGE FOR CUTS In August, prices in the U.S. saw an expected increase, while the annual inflation rate reached its lowest level since February 2021. The consumer price index, which provides a broad overview of goods and services costs in the U.S. economy, showed a 0.2% increase for the month. The 12-month inflation rate […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 10, 2024

STOCK MARKET Dow Jones ended at $40,736.96 (-0.23%) S&P 500 ended at $5,495.52 (+0.45%) Nasdaq Composite ended at $17,025.88 (+0.84%) The stock market showed a mixed performance with the S&P 500 and the Nasdaq Composite increasing as tech stocks like Nvidia, AMD, and Microsoft posted gains. However, the Dow Jones Industrial Average decreased as bank […]

Read More