AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The S&P 500 climbed 0.85% to a record high on Thursday, driven by rising Fed rate cut expectations despite hotter monthly CPI and weak jobless data. Gold eased to around $3,630 on profit-taking and a stronger dollar, but Fed rate cut expectations and geopolitical tensions are likely to support prices and limit further downside. The Coindesk Indices, which tracks the broader crypto market, rose 2.37%, with Bitcoin and Ether up 0.09% and 2.01%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is ONDO, up 11.4% after Ondo Finance appointed former SEC and Treasury official Peter Curley as head of global regulatory affairs.