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MARKET RECAP – MARCH 24, 2023

STOCK MARKET

Dow Jones ended at $32,237.53 (+0.41%)

S&P ended at 3,970.99 (+0.56%)

Nasdaq Composite ended at $11,823.96 (+0.31%)

Stock market’s major indexes showed a mixed performance on Friday but overall there was a slight upward movement. The shares of Deutsche Bank in the U.S. fell by 7% earlier today but rebounded to 3.2%. This happened after a sudden increase in the cost of the bank’s credit default.

CRYPTO MARKET

Bitcoin fell by 1.26% with a value of $27,828.77 as of 3:00 PM CDT, as stated by Coin Metrics.

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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 […]

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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 […]

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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. […]

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