Market Brief 13 May, 2025
Good evening, investors and traders! The markets are experiencing a surge in optimism, fueled by the recent US-China trade agreement and a lower-than-expected inflation report. The S&P 500 Index (GSPC) is up by 0.59% and currently trading at 5,881.85, while the Nasdaq 100 Index (NDX) is up by 1.8% and currently trading at 21,186.62. The news of the trade agreement has sparked a risk-on rally, with investors buying into equities and unwinding bearish positions. This positive sentiment has also extended to the cryptocurrency market, with Bitcoin breaking past $100,000. The Federal Reserve's recent moves to ease monetary policy have also contributed to the bullish market environment.
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