Market Brief 25 October, 2024
Good evening, investor! The markets are showing mixed signals today. The Nasdaq 100 Index (NDX) is up by 0.52% with a current price of 20,356.45, while the S&P 500 Index (GSPC) is down by -0.09% with a current price of 5,808.55. The news is dominated by the upcoming US presidential election, with analysts predicting a potential surge in Bitcoin if Donald Trump wins. Microsoft shareholders are set to vote on a proposal to invest in Bitcoin, while the US government is investigating Tether for potential sanctions and money laundering violations. The US government has also recovered most of the $20 million stolen from its crypto wallets in a recent hack.
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