STOCK MARKET
Dow Jones ended at $32,859.03 (+0.43%)
S&P ended at $4,050.83 (+0.57%)
Nasdaq Composite ended at $12,013.47 (+0.73%)
Today’s stock market showed a good performance, as all major indexes ended with gains. The renewed interest in tech stocks boosted the rise for the Nasdaq Composite for the second day in a row, and the S&P 500 reached its highest level since March 7.
CRYPTO MARKET
Bitcoin fell by 1.57% with a value of $27,937.40 as of 3:00 PM CDT, as stated by Coin Metrics.
STOCK MARKET Dow Jones ended at $40,589.34 (+1.64%) S&P 500 ended at $5,459.10 (+1.11%) Nasdaq Composite ended at $17,357.88 (+1.03%) The stock market ended the week with gains across all major indexes primarily due to the bullish inflation report, strong GDP data, and expectations of rate cuts by the Federal Reserve. The positive inflation reinforced […]
Read MoreINFLATION DECLINED According to the latest Personal Consumption Expenditures (PCE) report, there was a slight decrease in inflation in June. The PCE price index, which the Fed uses to measure inflation, increased by 0.1% monthly and 2.5% annually. Core inflation, excluding food and energy, also rose in line with expectations. Moreover, the report showed that […]
Read MoreSTOCK MARKET Dow Jones ended at $39,935.07 (+0.20%) S&P 500 ended at $5,399.22 (-0.51%) Nasdaq Composite ended at $17,181.72 (-0.93%) The stock market experienced mixed results as a result of a rotation in the market from megacap tech stocks to small-cap and cyclical areas, driven by changing market sentiment. Disappointing tech earnings reports put pressure […]
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STOCK MARKET Dow Jones ended at $40,589.34 (+1.64%) S&P 500 ended at $5,459.10 (+1.11%) Nasdaq Composite ended at $17,357.88 (+1.03%) The stock market ended the week with gains across all major indexes primarily due to the bullish inflation report, strong GDP data, and expectations of rate cuts by the Federal Reserve. The positive inflation reinforced […]
Read MoreINFLATION DECLINED According to the latest Personal Consumption Expenditures (PCE) report, there was a slight decrease in inflation in June. The PCE price index, which the Fed uses to measure inflation, increased by 0.1% monthly and 2.5% annually. Core inflation, excluding food and energy, also rose in line with expectations. Moreover, the report showed that […]
Read MoreSTOCK MARKET Dow Jones ended at $39,935.07 (+0.20%) S&P 500 ended at $5,399.22 (-0.51%) Nasdaq Composite ended at $17,181.72 (-0.93%) The stock market experienced mixed results as a result of a rotation in the market from megacap tech stocks to small-cap and cyclical areas, driven by changing market sentiment. Disappointing tech earnings reports put pressure […]
Read More