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MARKET RECAP – MARCH 29, 2023

STOCK MARKET

Dow Jones ended at $32,717.60 (+1.00%)

S&P ended at $4,027.81 (+1.42%)

Nasdaq Composite ended at $11,926.24 (+1.79%)

Stocks experienced a significant increase, mainly due to notable gains in the tech industry, which helped the Nasdaq recover from its previous losses. Additionally, investors felt less anxious about the banking sector, which contributed to the overall market’s performance today.

CRYPTO MARKET

Bitcoin’s price shot up by 3.64% with a value of $28,422.50 as of 3:00 PM CDT, as stated by Coin Metrics.

Bitcoin’s value increased today as investors decided to overlook the US government’s recent actions against Binance. Despite the increased government scrutiny, as well as investor uncertainties about inflation, monetary policy, and other macroeconomic concerns, Bitcoin saw its price increase.

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MARKET RECAP – APRIL 24, 2024

STOCK MARKET Dow Jones ended at $38,712.75 (-0.11%) S&P 500 ended at $5,071.63 (+0.02%) Nasdaq Composite ended at $15,712.75 (+0.10%) The stock market witnessed mixed performances due to interest rate fears dampening earnings enthusiasm. The concerning sentiment was due to the latest rise in bond yields, and as a result of this, the Dow Jones […]

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APRIL 24, 2024

STEADY MODE The top cryptocurrencies in the market, are currently experiencing a period of stability as traders evaluate market conditions post-halving. With Bitcoin trading above $66,600 and Ether at around $3,240, the market has calmed down after recent volatility driven by geopolitical tensions and halving excitement. As of today, traders seem hesitant to take decisive […]

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MARKET RECAP – APRIL 23, 2024

STOCK MARKET Dow Jones ended at $38,503.69 (+0.69%) S&P 500 ended at $5,070.55 (+1.20%) Nasdaq Composite ended at $15,696.64 (+1.59%) The stock market witnessed gains across all major indexes due to a strong batch of corporate earnings that exceeded expectations. Companies such as Spotify, UPS, and GE Aerospace posted better-than-expected earnings, leading to a positive […]

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