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- Stocks: Jobless claims came in lower than expected, the 30-year US bond auction met with strong demand, and Delta Airlines unofficially kicking off earnings season with a solid report. The S&P 500 and the NASDAQ hit record highs.
- Crypto: Bitcoin reached a record high for the second day in a row, hitting $113,863.31 today. The crypto’s price has stayed above $100k for 60 consecutive days.
- Commodities: Coffee futures in New York climbed as much as 3.5% in response to President Trump’s threat to slap 50% tariffs on Brazil, which is the top producer of higher-end arabica coffee.
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Filed under: "Ask-an-Advisor", CMP Program, Financial Planning, Funding Basics, Glossary Terms, Investing, Portfolio Management | Tagged: arabica, Bitcoin, bonds, CMP, coffee, commodities, crypto, stocks, tariffs, Trump |
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