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Current Market News & Review – Week Ending Feb 23, 2024

Posted by Daniel Iuculano on February 24, 2024 - 5:38pm


Current Market News & Review – Week Ending Feb 23, 2024

 

Current

Prior

As of date

Trend

Dow Jones Index

39,131.53

38,627.99

Feb 23 2024

Up

Nasdaq Index

15,996.82

15,775.65

Feb 23 2024

Up

S&P 500 Index

5,088.80

5,005.51

Feb 23 2024

Up

Wilshire 5000 Index

51,154.39

50,451.41

Feb 23 2024

Up

Market Volatility Index

13.75

14.24

Feb 23 2024

Down

Inflation

3.09

3.35

Dec  2023

Down

Savings I Bonds

5.27 %

4.30 %

Effective end of Apr 2024

Up

Savings EE Bonds

2.70 %

2.50 %

Effective end of Apr 2024

Up

1 yr. CD

1.74 %

1.74 %

Feb 23 2024

Unchanged

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 51,311.26

$ 51,421.90

Feb 24 2024

Up

Ethereum - ETH

$   2,976.95

$   2,761.65

Feb 24 2024

Up

Markets advanced this week primarily due to Nvida earnings reported Thursday afternoon. BTC fell during the week, however ETH advanced again.

 Index SPY – YTD increased to 6.89 %, one year at 28.72 %, three years at 11.08 % and five year annualized return is standing at 14.58 %.

© Markethive Inc.