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Increased by 1.34%, the S&P 500 rose by 0.23%, while the Nasdaq fell by 0.25%.
The main reason is that Netflix dropped significantly yesterday, evaporating $40 billion in market value.
2. The Federal Reserve has confirmed the reappointment of 11 regional Federal Reserve presidents in advance, ensuring the retention of the most hawkish voice. At the same time, the Federal Reserve has returned as the number one buyer of U.S. Treasuries, planning to purchase $40 billion in government bonds each month, which alleviates the overall financing pressure on Wall Street. Wall Street believes that this $40 billion bond purchase will be effective for the market.
3. The stocks of cryptocurrencies have generally declined, including Bitmine and MSTR, with significant market divergence.
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1. Coinbase's premium continues to rise, remaining positive for 10 consecutive days. BTC dropped yesterday but rebounded again. Halfway through summer, it is believed that Bitcoin is expected to rise to $103,000 or $110,000 in the next month.
