Market Brief 11 September, 2024

Good evening, investors and traders! The markets are showing positive momentum today, with the Nasdaq 100 Index (NDX) up by 2.24% to 19,251.38 and the S&P 500 Index (GSPC) up by 1.07% to 5,554.12. The news is buzzing with developments in the crypto space, including a surge in BNB weekly active addresses and a potential rally for Dogecoin. The US CPI report released today showed inflation easing to 2.5%, which could fuel further rate cuts by the Fed. The UK government has introduced a bill to officially recognize cryptocurrencies as personal property, a significant step for the industry. Keep an eye on the markets as we head into the weekend, and remember to stay informed and make smart decisions.