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By Staff Reporters
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- The S&P 500 and NASDAQ stayed in the green all day, with the S&P 500 hitting yet another new all-time high, while the Dow clawed its way out of negative territory to reach a new high as well.
- The minutes from the last Federal Reserve meeting revealed that central bankers feel rate cuts are still warranted, though they’ll need to be gradual. Treasury yields rose on the news.
- Oil fell after Israel and Lebanon agreed on a ceasefire deal.
- Bitcoin continues to fall further away from the promised land of $100,000 as traders begin logging off ahead of the holiday—though bulls believe this is just a pullback to gather momentum ahead of the final push.
CITE: https://www.r2library.com/Resource/Title/0826102549
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Filed under: "Ask-an-Advisor", Breaking News, Financial Planning, Funding Basics, Glossary Terms, Investing | Tagged: Bitcoin, crypto, cryptocurrency, DJIA, DOW, NASDAQ, oil, S&P 500, stock market, Technology, Treasury yields |
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