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We expected a quiet week last week…and we got one! A lack of events helped US stocks drift higher last week, as bad news dissipated and bulls regained momentum. The S&P 500 is now down less than 1% from its all-time high, while the Dow has climbed in an astounding eight straight trading sessions — its longest streak since rallying for nine in a row in ...
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Bitcoin isn’t running alongside meme stocks as it did three years ago, although this week’s stock market action might indicate a big crypto rally is on its way. GameStop and fellow meme stock AMC Entertainment are each up more than 160% over the past two days. Meanwhile, bitcoin is little changed, down just 0.1% in the same period, according Coin Metrics. ...