Good evening.
Stocks continue to rally, Bitcoin approaches $50k, and Robinhood extends its trading hours.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Tuesday, extending their recent winning streak.
Investors monitored peace talks between Russia and Ukraine, which resumed Tuesday for the first time in two weeks.
The stock market is near a record. After a turbulent start to 2022, the S&P 500 is now just 3.4% off its January 4 record close.
This week, investors will parse economic data on consumer spending and Friday's monthly jobs report for clues on the health of the economy.
The crypto market climbed on Tuesday, with Bitcoin reaching $48k, right around its 200-day moving average.
Catch Up
The average price of gas in the U.S. is $4.24 a gallon, almost 50% higher than it was last year.
Robinhood will now allow customers to buy and sell shares from 7 a.m. until 8 p.m. Eastern time.
Instacart, the on-demand grocery delivery service, announced it's cutting its valuation down to $24B from $39B.