Stock Market Update: Dow Reaches Record High as Bitcoin Approaches $100,000

Reported about 14 hours ago

On Friday, U.S. stocks saw gains with the Dow Jones Industrial Average closing at a record high, adding over 400 points, while the S&P 500 and Nasdaq also rose. Investor optimism surrounding President-elect Donald Trump's administration and support for cryptocurrency is driving the market forward, with Bitcoin nearing the $100,000 milestone. Despite a mixed performance from some major tech stocks and concerns over Nvidia's earnings, sectors like Consumer Discretionary, Industrials, and Financials showed strong weekly gains.

Source: YAHOO

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