Our mission is to help you obtain financial freedom. Checkout Our Youtube Channel Checkout Our Youtube Channel
Blog

MARKET RECAP – NOVEMBER 10, 2023

Written By: Jenny Galeano Gamboa

November 10, 2023

STOCK MARKET

Dow Jones ended at $34,283.10 (+1.15%)

S&P 500 ended at $4,415.24 (+1.56%)

Nasdaq Composite ended at $13,798.45 (+0.94%)

The stock market ended the week with significant gains as stocks rallied recovering from the yesterday’s sell-off as Treasury yields stabilized. As a result, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all increased significantly, with the Nasdaq experiencing a rise of over 2%. Moreover, despite uncertainty around when the Federal Reserve might be done cutting rates, the economy remains resilient, with a high level of unfilled job openings and solid private sector balance sheets supporting the view for a ‘softish’ economic landing.

CRYPTO MARKET

Bitcoin rose by 2.49% for the day, with a value of $37,267.28 as of 3:00 PM CST, as stated by Coin Metrics.

0 Comments
Inline Feedbacks
View all comments

More ClearValue Insights

Default Thumbnail

MARKET RECAP – SEPTEMBER 11, 2024

STOCK MARKET Dow Jones ended at $40,861.71 (+0.31%) S&P 500 ended at $5,554.13 (+1.07%) Nasdaq Composite ended at $17,395.53 (+2.17%) The stock market witnessed gains across all major indexes, including the S&P 500 and Nasdaq Composite, which rose for another trading session as investors picked up shares of mega-cap tech and semiconductor names. This boosted […]

Read More
Default Thumbnail

SEPTEMBER 11, 2024

SETTING STAGE FOR CUTS In August, prices in the U.S. saw an expected increase, while the annual inflation rate reached its lowest level since February 2021. The consumer price index, which provides a broad overview of goods and services costs in the U.S. economy, showed a 0.2% increase for the month. The 12-month inflation rate […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 10, 2024

STOCK MARKET Dow Jones ended at $40,736.96 (-0.23%) S&P 500 ended at $5,495.52 (+0.45%) Nasdaq Composite ended at $17,025.88 (+0.84%) The stock market showed a mixed performance with the S&P 500 and the Nasdaq Composite increasing as tech stocks like Nvidia, AMD, and Microsoft posted gains. However, the Dow Jones Industrial Average decreased as bank […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 11, 2024

STOCK MARKET Dow Jones ended at $40,861.71 (+0.31%) S&P 500 ended at $5,554.13 (+1.07%) Nasdaq Composite ended at $17,395.53 (+2.17%) The stock market witnessed gains across all major indexes, including the S&P 500 and Nasdaq Composite, which rose for another trading session as investors picked up shares of mega-cap tech and semiconductor names. This boosted […]

Read More
Default Thumbnail

SEPTEMBER 11, 2024

SETTING STAGE FOR CUTS In August, prices in the U.S. saw an expected increase, while the annual inflation rate reached its lowest level since February 2021. The consumer price index, which provides a broad overview of goods and services costs in the U.S. economy, showed a 0.2% increase for the month. The 12-month inflation rate […]

Read More
Default Thumbnail

MARKET RECAP – SEPTEMBER 10, 2024

STOCK MARKET Dow Jones ended at $40,736.96 (-0.23%) S&P 500 ended at $5,495.52 (+0.45%) Nasdaq Composite ended at $17,025.88 (+0.84%) The stock market showed a mixed performance with the S&P 500 and the Nasdaq Composite increasing as tech stocks like Nvidia, AMD, and Microsoft posted gains. However, the Dow Jones Industrial Average decreased as bank […]

Read More