Dow Jones Spikes More than 300 Points as US Stocks Rebound from Two-Day Loss
After the US stocks have topped record highs this year, the bar to exceed the record levels has been raised significantly.
Strong Economic Data Pushes Dow Jones 300 Points Up Above 34K, Tech Stocks Rally
Consumer spending soared last month on the backdrop of strong retail sales. On the other hand, stocks rallied as the 10-year Treasury dropped 8 basis points.
Fundstrat’s Tom Lee: Bitcoin Is a Safe Haven for Investors
Saying that Bitcoin can be viewed as a safe haven for investors, Thomas Lee added that Bitcoin has “done very well this year”. He still stays very optimistic about further BTC performance.