Good evening.
Stocks and crypto resume climb, the holidays could see market volatility, and Elon Musk calls Web3 a 'buzzword.'
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks rose for a second day after strong economic data helped ease investor concerns.
New research shows people infected with Omicron are much less likely to be hospitalized than people infected with earlier variants.
Despite a choppy month, the S&P 500 is now sitting near a record high.
Thin trading around the holidays could bring more market volatility in the coming days.
The crypto market climbed on Wednesday, with Bitcoin approaching the key $50,000 level.
Catch Up
TikTok surpassed Google as the most visited website in 2021.
New research shows that just 0.01% of Bitcoin holders control 27% of the currency in circulation.
Elon Musk tweeted that Web3 is more of a buzzword than reality.