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The SPX index was up by 0.97%, driven by gains in technology, communication services, and consumer discretionary sectors. The market's positive reaction was partly due to hopes of a Federal Reserve "soft landing" following strong jobs data. Investors are now focused on upcoming Fed minutes and major bank earnings, while anticipating further market volatility ahead of the US presidential election. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 0.54%, with Bitcoin and Ether dropping by 1.78% and by 0.03%, respectively in the past 24 hours.
Today's top performer is EIGEN, which surged 7.9% following the introduction of new EIGEN markets by Gauntlet to enhance liquidity on Morpho vaults.