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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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The latest week was highlighted by positive public sentiment for bitcoin. Wells Fargo (WFC) and JPMorgan Chase (JPM) both reported holdings in spot bitcoin exchange-traded funds, and Twitter co-founder and former CEO Jack Dorsey forecast that bitcoin's price could climb to $1 million by 2030. Meanwhile, crypto analysts are tracking meme coins this week, as ...