Good evening.
Stocks march higher, November is finally here, and Squid Game crypto plunges to $0 after rising 2,400%.
Let’s dive in.
Markets
Here are today’s market moves:
What Happened?
U.S. stocks climbed on Monday, with all three major indexes finishing at records to start November.
Will history repeat? November on average has been the best month of the year for stocks.
The big event this week is the Fed’s monetary policy announcement, which is on Wednesday.
The Fed will likely announce plans to start winding down its pandemic-era stimulus programs.
The crypto market was flat on Monday, with bitcoin trading near $61k, as investors wait for a new catalyst to drive the price higher.
Catch Up
Squid Game crypto plunges to $0 after scammers steal millions of dollars from investors.
US Treasury says stablecoins should be regulated like banks.
Elon Musk offers to sell Tesla stock 'right now' if UN can show how $6 billion would solve world hunger.