STOCK MARKET
Dow Jones ended at $34,095.86 (+0.10%)
S&P 500 ended at $4,365.98 (+0.18%)
Nasdaq Composite ended at $13,518.78 (+0.30%)
The stock market began the week with gains across all major indexes as it continued to build on the strong rally from the previous week. Consequently, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all increased slightly, with the Nasdaq recording its longest positive streak since January. The market is currently in a consolidation phase, pausing to digest the recent gains and waiting for the next bullish catalyst, which may come in the form of statements from Federal Reserve Chair Jerome Powell or upcoming earnings reports. Bond yields also reversed last week’s trend and moved higher, and seasonal tailwinds in November could contribute to the stock market’s recovery.
CRYPTO MARKET
Bitcoin fell by 0.08% with a value of $35,036.94 as of 3:00 PM CST, as stated by Coin Metrics.