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Market Brief 25 September, 2024
Good evening, investors and traders! The markets are showing mixed signals today, with the Nasdaq 100 Index (NDX) up by 0.14% to 19,972.81, while the S&P 500 Index (GSPC) is down by -0.19% to 5,722.25. Several key economic events are taking place, including the release of the EIA Crude Oil Stocks Change report, the CNB Interest Rate Decision, and the Riksbank Interest Rate Decision. The Fed's rate cuts are driving Bitcoin higher, but negatively affecting some altcoins. The SEC is facing criticism for its handling of crypto regulations, with some calling for the resignation of Chairman Gary Gensler.
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