Market Brief 24 October, 2024

Good evening, investors and traders! The markets are experiencing a mixed day, with the Nasdaq 100 Index (NDX) up by 0.91% to 20,247.87 and the S&P 500 Index (GSPC) up by 0.28% to 5,812.05. Several key news items are impacting the market, including the rejection of a tentative deal by striking Boeing workers, Tesla's strong sales forecast, and the US government's suspicious crypto transfers. The US government's withdrawal of $6.57 million in stablecoins from Aave has raised concerns about the security of its crypto wallets. Meanwhile, the Pennsylvania House of Representatives has passed a pro-crypto bill, signaling a potential shift in regulatory sentiment.