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The SPX index was up by 0.42%, supported by positive movements in nine of its 11 sectors, after the Federal Reserve's minutes suggested a likely policy easing if economic data aligns with expectations. Markets are anticipating a 25 basis point rate cut in September. The broader cryptocurrency market was up, with Bitcoin and Ether rising by 3.50% and 1.64%, respectively in the past 24 hours.
Today's top performer is FXS, which surged 18.1% following Frax Finance's launch of high-yield $sfrxETH restaking with Symbiotic partnership.