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MARKET RECAP – MAY 12, 2023

STOCK MARKET

Dow Jones ended at $33,300.62 (-0.03%)

S&P 500 ended at $4,124.08 (-0.16%)

Nasdaq Composite ended at $12,284.74 (-0.35%)

The stock market experienced losses across all major indexes following the recent consumer sentiment report, which brought concerns among investors in regards of the U.S. economy and regional banks. As a result, the S&P 500 and the Nasdaq Composite decreased, and the Dow Jones fell slightly while remaining almost unchanged.

CRYPTO MARKET

Bitcoin fell by 1.92% with a value of $26,473.00 as of 3:00 PM CST, as stated by Coin Metrics.

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