Market Brief 27 September, 2024

Good evening, investors and traders! The markets are showing mixed signals today, with the Nasdaq 100 Index (NDX) down by -0.55% to 20,005.38 and the S&P 500 Index (GSPC) down by -0.13% to 5,738.12. The news is filled with stories about cryptocurrencies, with several meme coins making headlines. Binance founder CZ is set to be released from prison today, which could spark a rally in BNB. The SEC is expected to appeal the Ripple XRP sales ruling, which could impact the price of XRP. The US PCE inflation data came in lower than expected, which could lead to more rate cuts from the Fed.