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MARKET RECAP – MAY 10, 2023

Written By: Jenny Galeano Gamboa

May 10, 2023

STOCK MARKET

Dow Jones ended at $33,531.33 (-0.09%)

S&P 500 ended at $4,137.64 (+0.45%)

Nasdaq Composite ended at $12,306.44 (+1.04%)

The stock market saw mixed performances with major indexes showing varied results. The Nasdaq Composite experienced a significant rise as investors turned towards tech stocks following the recent inflation report, which was not as alarming as expected. Meanwhile, the Dow Jones Industrial remained almost unchanged, and the S&P 500 increased slightly.

CRYPTO MARKET

Bitcoin rose by 0.17% with a value of $27,697.00 as of 3:00 PM CST, as stated by Coin Metrics.

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