Market Brief 9 October, 2024

Good evening, investors and traders! The markets are looking strong today, with the NASDAQ-100 Index (NDX) up by 0.63% and the S&P 500 Index (GSPC) up by 0.47%. The US Justice Department is considering recommending a historic antitrust breakup of Google, which could have significant implications for the tech sector. The Federal Reserve released the minutes of its September meeting, revealing that "almost all" members are confident inflation is sliding to 2%. The minutes also showed that some officials would have preferred a quarter-point rate cut, while a substantial majority backed the half-point cut. The US government is investigating Bitfinex hack victims, while the company is set to receive 120,000 BTC for the 2016 hack.