The major indexes (^DJI, ^IXIC, ^GSPC) closed mixed at the end of December’s first trading week. The S&P 500 and Nasdaq Composite gained over 3.3% over the past five sessions, achieving strong weekly gains.
Economists also provided insights on services inflation, while megacap sectors led the market movement this week. Additionally, bitcoin (BTC-USD) reached a record high above $100,000.
For expert analysis and insights on the latest market action, visit more content from Asking for a Trend. This article was written by Ivana Freitas.
Source: https://finance.yahoo.com/video/megacaps-lead-inflation-bitcoin-highs-223029847.html