In brief

  • The S&P 500 rose 3.65% this week and is now just 2.5% below a new record high on Wall Street.

  • October's CPI rose 0.4% month over month, beating expectations and increasing the likelihood of an interest rate hike in December.

  • Bitcoin is trading near $74,400, about 40% below its record high, amid ETF outflows.

Read the original story: S&P 500 is 2.5% from record levels despite the stock market crash, by Luis Blanco, on se.beincrypto.com

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