Market Drama
Featuring Zoe CEO & Founder, Andres Garcia-Amaya, CFA
Welcome to this week’s Market Drama!
Stock Market Updates
- The S&P 500 & Nasdaq: both up 1.7% for the week. Up 25% and 26.6% YTD respectively.
- Nvidia Earnings: blockbuster revenue and growth, but stocks unchanged as results met expectations.
- Bitcoin: up 10% for the week, now up more than 10% for 3 consecutive weeks.
- Catalyst: possible SEC commissioner’s resignation once the next administration begins.
Economic Updates:
- Jobless Claims: stronger-than-expected claims, driving positive momentum for the end of the week.
Next Week:
- PCE inflation data.
Stay tuned for next week.
– Andres
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