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MARKET RECAP – MARCH 28, 2023

STOCK MARKET

Dow Jones ended at $32,394.25 (-0.12%)

S&P ended at $3,971.27 (-0.16%)

Nasdaq Composite ended at $11,716.08 (-0.45%)

The stock market had a down day as all major indexes declined. Concerns about rising interest rates put pressure on tech stocks in the Nasdaq index and impacted other companies in the Dow Jones and S&P 500 indexes.

CRYPTO MARKET

Bitcoin’s price shot up by 0.92% with a value of $27,298.10 as of 3:00 PM CDT, as stated by Coin Metrics.

Despite the banking crises, Bitcoin has shown an unexpected positive performance.

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