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Current Market News & Review – Week Ending May 24, 2024

Posted by Daniel Iuculano on May 25, 2024 - 11:02am


Current Market News & Review – Week Ending May 24, 2024

 

Current

Prior

As of date

Trend

Dow Jones Index

39,069.59

40,003.59

May 24 2024

Down

Nasdaq Index

16,920.79

16,685.97

May 24 2024

Up

S&P 500 Index

5,304.72

5,303.27

May 24 2024

Up

Wilshire 5000 Index

53,188.11

53,273.20

May 24 2024

Down

Market Volatility Index

11.93

11.99

May 24 2024

Down

Inflation

3.36 %

3.48 %

Apr  2024

Down

Savings I Bonds

4.28 %

5.27 %

Effective end of Oct 2024

Down

Savings EE Bonds

2.70 %

2.70 %

Effective end of Oct 2024

Unchanged

1 yr. CD

1.81 %

1.79 %

May 24 2024

Up

Crypto Currencies

 

Current

Prior

As of date

Trend

Bitcoin - BTC

$ 69,422.48

$ 66,896.08

May 25 2024

Up

Ethereum - ETH

$   3,769.88

$   3,110.01

May 25 2024

Up

Markets mixed with the broader markets heading down, however cryptos moved higher this week. SPY was flat with barely any movement at all during the week.

 Index SPY – YTD increased to 11.79 %, one year at 30.68 %, three years at 9.69 % and five year annualized return is standing at 15.20 %.

© Markethive Inc.