Good evening.
Stocks finish the year strong, 2021 saw a record number of unicorn startups, and what to expect in January.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks finished mixed on Tuesday after climbing for four straight days.
Stock market indexes are set to finish 2021 near record highs.
Investors are looking toward 2022 with optimism, despite the spread of the omicron variant.
January tends to be a strong month as new money flows into the market.
The crypto market fell on Tuesday, with Bitcoin trading below $48k, as investors take advantage of tax-loss harvesting before the end of the year.
Catch Up
In 2021, over 340 U.S. startups reached unicorn status (a private company with a $1 billion valuation).
Holiday sales reportedly saw a 8.5% jump from last year.
85% of active U.S. stock funds underperformed the S&P 500 this year.