RCL - A Banner Week For Stocks Crypto
It was a happy week on Wall Street, with major indexes setting fresh records and the Dow Jones Industrial Average (DJI) closing above 34,000 for the first time. All major indexes are due to finish the week with gains. Cryptocurrencies rallied, with several setting all-time highs as well on the back of the Coinbase Global (COIN) listing. Positive economic news buoyed markets, with the inflation report for March coming in largely in line with expectations early in the week. Retail sales and initial jobless claims also led to investors bidding risk assets higher. Earnings season kicked off with positive reports from the financial sector. Winners & Losers The Coinbase listing attracted much attention, with the stock jumping over 70% on its first day of trading. Ethereum (ETH-USD) and Dogecoin (DOGE-USD) were among crypto names to rally on the news, reaching all-time highs. Bitcoin (BTC-USD) crossed 64,000 for the first time
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A Banner Week For Stocks, Crypto