Good afternoon.
Stocks are rising, Bitcoin is approaching $100k, and the S&P 500 just posted its longest win streak in 20 years.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
Stocks are off to a strong start in May.
The S&P 500 is up nine days in a row, its longest win streak in 20 years.
Markets are rallying on signs of easing trade tensions and strong earnings.
Bitcoin is once again approaching $100,000, hitting its highest level since February.
Catch Up
The U.S. economy added 177,000 jobs in April, above expectations.
Microsoft surged 11% this week on strong earnings.
The S&P 500 is down 3.3% in 2025. The Nasdaq is down 6.9%.
What Else?
Quote
"The first rule of compounding is to never interrupt it unnecessarily."
— Charlie Munger