US stocks hit new all-time high in third consecutive weekly gain
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 07 2024U.S. Stock Market Performance: The S&P 500 and Nasdaq Composite reached all-time highs following a better-than-expected November jobs report, while the Dow Jones fell slightly; tech stocks like Tesla and Amazon led the gains amid changing retail trends favoring online shopping.
Global Economic Reactions: European markets showed modest gains despite political turmoil in France, while Bitcoin surpassed $100,000 but faces potential challenges from economic shifts; overall, the U.S. stock market remains a strong performer amidst global uncertainties.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
