COM - An Eventful First Week Of 2021

Stocks caught their breath at the end of an eventful first week of 2021. The S&P 500 Index (SP500), Dow Industrials (DIA), and Nasdaq (COMP) have treaded water most of the day Friday, but are due to end the week higher. A disappointing nonfarm payrolls report was mostly shrugged off by the market. Winners & Losers Cryptocurrencies were one big winner, with bitcoin (BTC-USD) adding 40% since new year's. The digital currency rallied past its record on Tuesday night and is due to end the week in unchartered territory above 40,000. Tesla (TSLA) shares were another winner, adding 5% in premarket trading today alone. Some individual tech names shined, including 3D Systems (DDD) whose shares rallied more than 120% this week after beating earnings. Energy prices saw major gains, with crude oil futures (CL1:COM) pushing to an 11-month high. Energy stocks followed, as the Energy Select Sector SPDR ETF (XLE)

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An Eventful First Week Of 2021