MARKET RECAP FOR WEDNESDAY, 4th March 2026

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Tobcom

Member
Mar 4, 2026
45
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MARKET RECAP

Averages & Assets
Asset Close 03/04/26 Price Change

SPX
$6,869.50
+0.78%

NASDAQ
$22,807.48
+1.29%

DJI
$48,739.41
+0.49%

10-Year
4.10%
+0.04 bps

COIN - Notable Gainer
$208.93
+14.57%

RCL - Notable Loser
$287.21
-4.68%

BTC
$73,219.50
+7.17%

ETH
$2,156.21
+8.76%

XRP
$1.45
+6.62%


Yesterday: U.S. indexes closed higher Wednesday, supported by better-than-expected economic data. Private payrolls rose by 63,000 in February, topping forecasts, while the ISM Services PMI signaled continued strength in the services sector, reinforcing confidence in the economy. Meanwhile oil prices were little changed after surging more than 10% over the prior two sessions, as U.S. support for tankers in the Strait of Hormuz and the prospect of additional measures helped ease immediate supply concerns. Technology stocks, particularly semiconductors, led gains, while risk appetite extended to crypto, with Bitcoin jumping more than $4,000 to finally break above 70,000 for the first time in more than a month.

Analysts will be paying attention to today's initial jobless claims, U.S. productivity figures, and the import price index, for clues on the health of the labor market, economic growth, and inflation pressures. On the earnings front, all eyes will be on Costco (COST), and Marvell (MRVL), which will report after the market close today.
 
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