XLY - Wall Street Extends Record Highs Ahead Of Key Inflation Report Bitcoin Hits $50000 NVIDIA Surpasses Amazon: What's Driving Markets Monday? | Benzinga
Wall Street kicked off the week on a high note, with the S&P 500 and Nasdaq 100 reaching new highs in anticipation of the January inflation report scheduled for this Tuesday.
Last week, both indices celebrated their fifth straight week of gains, culminating in an impressive run of 14 out of the last 15 weeks finishing in positive territory.
The Russell 2000’s small caps outshone their large-cap counterparts on Monday, echoing the sentiment from Friday.
A survey by the New York Fed on consumer sentiment revealed relatively stable inflation expectations and optimistic forecasts regarding household finances.
Bitcoin (CRYPTO: BTC) grabbed headlines, as the leading cryptocurrency soared to an intraday high of $50,333 on strong ETF inflows, ...