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MARKET RECAP – MARCH 28, 2024

Written By: Jenny Galeano Gamboa

March 28, 2024

STOCK MARKET

Dow Jones ended at $39,807.37 (+0.12%)

S&P 500 ended at $5,254.35 (+0.11%)

Nasdaq Composite ended at $16,379.46 (-0.12%)

The stock market ended the last trading session for March with mixed performances. The Dow Jones Industrial Average, and the S&P 500 reported gains, with the latter reaching its best first-quarter performance in five years. Nonetheless, the Nasdaq Composite did not join the upward trend as despite the positive performance from Nvidia and the overall market rally in the first quarter of 2024, there is still uncertainty surrounding economic data and the upcoming release of personal income, consumer spending, and personal consumption expenditures.

CRYPTO MARKET

Bitcoin rose by 3.16% for the day, with a value of $70,806.57 as of 3:00 PM CST, as stated by Coin Metrics.

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