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MARKET RECAP – NOVEMBER 24, 2023

Written By: Jenny Galeano Gamboa

November 24, 2023

STOCK MARKET

Dow Jones ended at $35,390.15 (+0.33%)

S&P 500 ended at $4,559.34 (+0.06%)

Nasdaq Composite ended at $14,250.86 (-0.11%)

The stock market ended the week with mixed performances due to varied movements in the major indexes. While the Dow Jones Industrial Average rose, the S&P 500 traded near the flatline and the Nasdaq Composite fell. Additionally, major retail shares showed mixed performance as Black Friday commenced the holiday shopping season, with Walmart and Amazon both showing small gains.. Furthermore, Treasury yields hit multi-month lows, prompting speculation that the Federal Reserve may be finished with rate hikes.

CRYPTO MARKET

Bitcoin rose by 1.48% for the day, with a value of $37,867.12 as of 3:00 PM CST, as stated by Coin Metrics.

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