STOCK MARKET
Dow Jones ended at $42,924.89 (-0.02%)
S&P 500 ended at $5,851.21 (-0.05%)
Nasdaq Composite ended at $18,573.13 (+0.18%)
The stock market continued witnessing mixed performances, with the Nasdaq Composite increasing slightly, while the Dow Jones Industrial Average and the S&P 500 remained almost unchanged, but still on the red side. The uncertainty surrounding the path of interest rate cuts by the Federal Reserve, along with cautious commentary from Fed officials, has led to increased volatility in the market. Additionally, investors are closely monitoring quarterly earnings reports, with some companies surpassing expectations while others falling short. Homebuilding stocks, in particular, have been impacted by worries about higher interest rates. Overall, the market’s previous overbought status and lingering concerns about inflation and post-election uncertainty have contributed to the mixed performances.
CRYPTO MARKET
Bitcoin fell by 0.30% for the day, with a value of $67,437.03 as of 3:00 PM CST, as stated by Coin Metrics.
