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MARKET RECAP – MAY 30, 2023

Written By: Jenny Galeano Gamboa

May 30, 2023

STOCK MARKET

Dow Jones ended at $33,042.78 (-0.15%)

S&P 500 ended at $4,205.52 (+0.00%)

Nasdaq Composite ended at $13,017.43 (+0.32%)

The stock market experienced mixed performances, as major indexes displayed varied results influenced by the possibility of Congress approving the U.S. debt ceiling deal. As a result, the S&P 500 remained unchanged, while the Nasdaq Composite experienced gains, and the Dow Jones Industrial Average slightly decreased.

CRYPTO MARKET

Bitcoin rose by 0.41% with a value of $27,863.00 as of 3:00 PM CST, as stated by Coin Metrics.

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