US stock markets (^DJI, ^IXIC, ^GSPC) closed for the trading week. According to Yahoo Finance Markets and Data Editor Jared Blikre, one notable trend that was missing this week was a “Santa Claus rally”, traditionally seen in December.
Another key movement observed was fluctuations in the US Dollar Index (DX-Y.NYB), affecting market sentiment. Additionally, bitcoin’s (BTC-USD) price is moving closer to $100,000, sparking interest among investors.
For more expert analysis and insights on recent market developments, check out our “Asking for a Trend” series.
Source: https://finance.yahoo.com/video/santa-claus-rally-bitcoin-nears-223833230.html