Stock Market Update: Dow Hits New Highs as Bitcoin Surges Past $87,000

Reported 13 days ago

The stock market experienced significant gains with the Dow closing above 44,000 and the S&P 500 surpassing 6,000, fueled by post-election optimism regarding a Trump administration's potential economic policies, including lower corporate taxes and deregulation. Bitcoin also surged, reaching a record high of $87,000, as investors reacted positively to promises of a pro-crypto environment. However, the tech-heavy Nasdaq lagged slightly, impacted by underperforming stocks like Nvidia and Apple.

Source: YAHOO

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