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

MARKET RECAP – SEPTEMBER 6, 2023

Written By: Jenny Galeano Gamboa

September 6, 2023

STOCK MARKET

Dow Jones ended at $34,443.19 (-0.57%)

S&P 500 ended at $4,465.48 (-0.70%)

Nasdaq Composite ended at $13,872.47 (-1.06%)

Stocks experienced losses for a second day in a row following the recent rise in Treasury yields, as well as the stronger-than-expected ISM services and manufacturing indexes. The increase in yields coincided with stronger-than-expected economic data, raised concerns about the Federal Reserve continuing to raise interest rates. As a result, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all decreased, with the Nasdaq leading the downward trend due to the declines experienced by Nvidia and Tesla.

CRYPTO MARKET

Bitcoin fell by 0.16% with a value of $25,668.58 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 – DECEMBER 19, 2024

STOCK MARKET Dow Jones ended at $42,342.24 (+0.04%) S&P 500 ended at $5,867.08 (-0.09%) Nasdaq Composite ended at $19,372.77 (-0.10%) The stock market experienced a weak close as the Dow Jones Industrial Average narrowly snapped its 10-day losing streak, while the S&P 500 and Nasdaq Composite fell. As a result of the current uncertainty surrounding […]

Read More
Default Thumbnail

DECEMBER 2024

TAKING CENTER STAGE Something notable that has occurred this year is the rise in popularity that digital assets like bitcoin have experienced, especially among institutional investors. In fact, U.S. spot-listed bitcoin ETFs have now surpassed Gold ETFs in assets under management, reaching $129.25 billion compared to Gold’s $128.88 billion. In addition, the CME exchange, popular […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 18, 2024

STOCK MARKET Dow Jones ended at $42,326.87 (-2.58%) S&P 500 ended at $5,872.16 (-2.95%) Nasdaq Composite ended at $19,392.69 (-3.56%) The stock market experienced significant losses across all major indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, primarily due to a less aggressive rate outlook by the Federal Reserve. The Fed’s […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 19, 2024

STOCK MARKET Dow Jones ended at $42,342.24 (+0.04%) S&P 500 ended at $5,867.08 (-0.09%) Nasdaq Composite ended at $19,372.77 (-0.10%) The stock market experienced a weak close as the Dow Jones Industrial Average narrowly snapped its 10-day losing streak, while the S&P 500 and Nasdaq Composite fell. As a result of the current uncertainty surrounding […]

Read More
Default Thumbnail

DECEMBER 2024

TAKING CENTER STAGE Something notable that has occurred this year is the rise in popularity that digital assets like bitcoin have experienced, especially among institutional investors. In fact, U.S. spot-listed bitcoin ETFs have now surpassed Gold ETFs in assets under management, reaching $129.25 billion compared to Gold’s $128.88 billion. In addition, the CME exchange, popular […]

Read More
Default Thumbnail

MARKET RECAP – DECEMBER 18, 2024

STOCK MARKET Dow Jones ended at $42,326.87 (-2.58%) S&P 500 ended at $5,872.16 (-2.95%) Nasdaq Composite ended at $19,392.69 (-3.56%) The stock market experienced significant losses across all major indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, primarily due to a less aggressive rate outlook by the Federal Reserve. The Fed’s […]

Read More