🚨 S&P 500 & NASDAQ HIT RECORD HIGHS AS OIL STABILISES
Summary:
U.S. stocks pushed higher Tuesday as oil prices stabilised and Treasury yields eased, helping the S&P 500 and Nasdaq reach new record closing highs.
Key Points:
🔹 S&P 500: +0.6% to 7,818
🔹 Nasdaq: +0.5% to 27,599 — record close
🔹 Dow: +0.5% to 51,521
🔹 U.S. 10-year Treasury yields eased as oil pressure stabilised
🔹 Fed October rate-hike probability fell to 19.4%, from 50.9% a week earlier
🔹 G7 emergency diesel and crude-stockpile release helped ease supply concerns
Market Insight:
Stabilising oil prices are reducing energy-driven inflation pressure and helping Treasury yields ease. That is supporting U.S. equities and could also improve the broader environment for risk assets, including crypto.
Assets to Watch: BTC • ETH • BNB
#bitcoin #Crypto #stockmarket #NASDAQ #GlobalMarkets $BTC $ETH $BNB
Summary:
U.S. stocks pushed higher Tuesday as oil prices stabilised and Treasury yields eased, helping the S&P 500 and Nasdaq reach new record closing highs.
Key Points:
🔹 S&P 500: +0.6% to 7,818
🔹 Nasdaq: +0.5% to 27,599 — record close
🔹 Dow: +0.5% to 51,521
🔹 U.S. 10-year Treasury yields eased as oil pressure stabilised
🔹 Fed October rate-hike probability fell to 19.4%, from 50.9% a week earlier
🔹 G7 emergency diesel and crude-stockpile release helped ease supply concerns
Market Insight:
Stabilising oil prices are reducing energy-driven inflation pressure and helping Treasury yields ease. That is supporting U.S. equities and could also improve the broader environment for risk assets, including crypto.
Assets to Watch: BTC • ETH • BNB
#bitcoin #Crypto #stockmarket #NASDAQ #GlobalMarkets $BTC $ETH $BNB
