Good evening.
Markets climb, Federal Reserve is likely to raise rates tomorrow, and 16% of Americans have invested in crypto.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday as investors waited for Wednesday's decision by the Federal Reserve.
The central bank is expected to raise rates by a quarter-point, the first hike since 2018.
Investors are looking for clarity on how the war in Ukraine might affect the pace of future tightening.
The crypto market was roughly flat on Tuesday, with Bitcoin near $39.5k, as investors position themselves ahead of the Fed's policy announcement tomorrow.
Catch Up
About 16% of American adults have invested in, traded, or otherwise used cryptocurrencies.
President Joe Biden on Tuesday signed a $1.5 trillion bill to fund the U.S. government for the rest of the fiscal year.
The Russian stock market has remained closed since Feb. 25, the day after Russian forces invaded Ukraine.