S&P 500: The S&P 500 is trading slightly higher today as investors respond to the latest U.S. inflation data. The tech sector remains strong, driven by interest in AI companies, while the energy sector declines due to falling oil prices
NASDAQ: The NASDAQ shows moderate gains, supported by strength in the technology sector, particularly chipmakers and AI companies
European Markets: European markets are mixed. The German DAX and French CAC 40 are slightly down amid concerns about economic slowdown and ECB interest rate policy
Asian Markets: Asian markets closed mixed. Japan’s Nikkei rose on strong corporate earnings, while Chinese markets remain pressured by weak manufacturing data.
Cryptocurrencies
Bitcoin (BTC): Bitcoin is trading around $66,000, maintaining stability despite brief volatility. Optimism surrounding potential approval of spot ETFs in the U.S. continues to support the market
Ethereum (ETH): Ethereum holds around $3,600, benefiting from increased use of Layer 2 networks and upcoming blockchain upgrades
Altcoins: Solana (SOL) and Cardano (ADA) are posting moderate gains, driven by growing interest in DeFi and NFT projects. XRP is also up due to strategic partnerships and network improvements.