Good evening.
Stocks hit new record, Bitcoin gains momentum, and Donald Trump says he’s not a fan of crypto.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks climbed on Thursday for a third consecutive day.
Why? Investors digested positive economic data and developments related to the spread of Omicron.
The S&P 500 finished at a new all-time high.
The U.S. financial markets will be closed tomorrow (December 24) in observance of Christmas.
The crypto market climbed on Thursday, with Bitcoin trading near $51k. The end of December is historically a strong period for crypto.
Catch Up
The S&P 500 had its 68th record close of the year today.
Donald Trump says he’s not a fan of crypto, calling it 'a very dangerous thing.'
Nearly $100B was stolen from Covid relief funds, study shows.