U.S. stocks hit a new historical high, MicroStrategy rose by 9.04%
BlockBeats reports that on September 20, Wall Street traders bet that the Federal Reserve would be able to achieve a soft landing, stimulating a rebound in riskier areas of the market and pushing U.S. stocks to record highs.
On Thursday, the S&P 500 index rose by 1.7%, marking its 39th record high since 2024 and expanding this year's gains to around 20%. The Nasdaq 100 index rose by 2.6%. The S&P 500 broke through the level of 5700 points and Dow Jones Industrial Average surpassed the mark of 42000 points, both reaching new highs.
In terms of cryptocurrency concept stocks, Coinbase increased by3.44% while MicroStrategy surged by9.04%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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