Is the Santa Claus market coming? US stocks and cryptocurrencies are soaring, and market sentiment is fully ignited!
Last night, the global market was as lively as a holiday: the S&P 500 regained 6,000 points, the Dow Jones Industrial Average rose by 0.91%, and the Nasdaq stood at 20,000 points! Technology stocks, chip stocks, and AI concept stocks all rose, Tesla directly pulled a 7% long leg, and crypto concept stocks were not to be outdone, Coinbase +4.28%, and Bitcoin iron fan MSTR soared 7.81%!
The fireworks in the crypto market are even more gorgeous! Bitcoin rose at midnight and rushed to $99,480, with a daily increase of 4.35%. This rhythm is even more pleasant than the Christmas bells. Ethereum soared to $3,500, SOL stepped on $200 to reappear, and market sentiment jumped directly from the "frozen area" to the "hot search list".
In terms of foreign exchange and commodities, the US dollar index continued to dominate the list, oil prices rebounded, and gold was as stable as a rock - all contributing to this wave of "Santa Claus market". Historical data shows that the S&P 500's return rate in the last seven days of the year has always been very good. Will it set a new high this year? Let's wait and see!
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