STOCK MARKET
Dow Jones ended at $40,003.59 (+0.34%)
S&P 500 ended at $5,303.27 (+0.12%)
Nasdaq Composite ended at $16,685.97 (-0.07%)
The stock market ended the week with mixed performances as the Dow Jones Industrial Average reached a historic high above 40,000, continuing its strong performance while the S&P 500 saw a modest gain, and the Nasdaq Composite decreased slightly. This discrepancy in performance among major indexes likely contributed to the overall mixed results. Despite some stocks performing well, concerns over the durability of the current rally were voiced by investors. However, the combination of economic growth and decelerating inflation was seen as a positive catalyst for the market by senior investment strategist Tom Hainlin. Overall, the mixed performance of the stock market at the end of the week was influenced by individual stock movements, differing performances among major indexes, and investor sentiment regarding the sustainability of the current market rally.
CRYPTO MARKET
Bitcoin rose by 2.55% for the day, with a value of $66,953.87 as of 3:00 PM CST, as stated by Coin Metrics.
