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Market Brief 30 May, 2025

Market Brief 30 May, 2025

Good evening, investor! The market presents a mixed picture today, with the S&P 500 Index (GSPC) experiencing a slight increase of 0.09%, while the Nasdaq 100 Index (NDX) dipped by -0.03%, currently priced at 5,913.57 and 21,357.08 respectively. News highlights include discussions around Bitcoin's potential, with some predicting a rise to $170,000, and the SEC's stance on crypto staking activities. Several companies are making significant moves, such as the launch of a new Bitcoin fund by Cantor Fitzgerald and the expansion of Coinbase into 24/7 futures trading for XRP and SOL. Additionally, the market is reacting to developments in US-China trade talks and the potential impact of tariffs, alongside a flurry of earnings reports and dividend announcements.

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