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MARKET RECAP – MAY 24, 2023

Written By: Jenny Galeano Gamboa

May 24, 2023

STOCK MARKET

Dow Jones ended at $32,799.92 (-0.77%)

S&P 500 ended at $4,115.24 (-0.73%)

Nasdaq Composite ended at $12,484.16 (-0.61%)

The stock market witnessed declines across all major indexes for a fourth consecutive session due to uncertainty surrounding the U.S. debt ceiling negotiations. Consequently, the Dow Jones Industrial Average and the S&P 500 decreased, with the Nasdaq Composite also following the falling trend.

CRYPTO MARKET

Bitcoin fell by 3.39% with a value of $26,304.00 as of 3:00 PM CST, as stated by Coin Metrics.

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