Market Brief 29 October, 2024

Good evening, investors and traders! The markets are showing positive momentum today, with the Nasdaq 100 Index (NDX) up 0.98% to 20,566.42 and the S&P 500 Index (GSPC) up 0.18% to 5,836.05. Bitcoin is inching closer to record highs, fueled by strong ETF inflows and institutional interest. The UK's BRC Shop Price Index fell faster in October, indicating potential easing of inflation. Meanwhile, Solana whales are scooping up millions in SOL, suggesting a potential price surge for the cryptocurrency. The upcoming US presidential election is also driving volatility in the markets, with traders anticipating a bullish outcome for Bitcoin regardless of who wins.