STOCK MARKET
Dow Jones ended at $34,006.88 (+0.13%)
S&P 500 ended at $4,337.44 (+0.40%)
Nasdaq Composite ended at $13,271.32 (+0.45%)
The stock market began the week on a positive note with gains across all major indexes following the recent rise experienced by the 10-year Treasury yield, which reached its highest level since 2007, indicating that investor confidence in the economy is strong. Additionally, Amazon announced its plans to invest up to $4 billion in an artificial intelligence firm, which has boosted investor optimism in the technology sector. As a result, the Dow Jones Industrial Average, the S&P 500 anr the Nasdaq Composite all increased. However, it is is worth noting that these gains were relatively small as investors are still concerned due to the uncertainty surrounding possible higher interest rates as well as the budget resolution in Washington.
CRYPTO MARKET
Bitcoin fell by 0.54% with a value of $26,333.27 as of 3:00 PM CST, as stated by Coin Metrics.
