Good afternoon.
Markets rally, Bitcoin climbs above $36,000, and the Nasdaq is having its best year since 2020.
Let's dive in.
Markets
Here are today's market moves:
What's Happening
U.S. stocks climbed on Wednesday, hitting their hottest winning streak in two years.
The Nasdaq Composite is up 31.4% in 2023, its best year since 2020:
Markets have surged ever since the Fed held interest rates steady last week. Investors are betting rate hikes are over.
The crypto market rallied on Wednesday. Bitcoin climbed above $36k, its highest level since May 2022.
Catch Up
The S&P 500 and Nasdaq are riding their longest winning streaks since Nov. 2021.
Investors are pricing in a 90% chance the Fed keeps rates steady in December.
OpenAI is launching a ChatGPT store, allowing users to build and sell chatbots.