Good afternoon.
Markets climb, U.S. home prices decline for first time since 2012, and Apple stock hits a record high.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday after strong economic data calmed recession fears.
Apple hits a record high. Apple, the world's most valuable company, hit a record high today:
As 2023 approaches its midway point, investors are sitting on big gains. The S&P 500 has climbed 14% this year, while the Nasdaq is up 30%.
The crypto market climbed on Tuesday, with Bitcoin approaching $31,000.
Catch Up
The S&P 500's market value has surged by $4 trillion in 2023.
U.S. home prices posted their first year-over-year price decline in 11 years in April.
President Biden says he thinks the U.S. will avoid a potential recession.
What Else?
