JUST IN: 🇯🇵 Japan's Finance Minister Satsuki Katayama on Bitcoin and crypto ETFs, "we would like to proceed with considerations toward legalizing cryptocurrency ETFs in Japan as well." 👀
BREAKING: SK Hynix trading is now live on Nasdaq with temporary ticker $SKHYV.
Permanent ticker $SKHY goes live Monday.
It is now trading +17% above the $149 offer price.
BREAKING: The US stock market has added nearly $1 Trillion this week.
Nasdaq 100: +1.69%
S&P 500: +1.24%
The S&P 500 is just 0.50% away from hitting a a new All-Time High.
The main catalyst was the Weak jobs data on Friday, Only 57,000 jobs were added versus the 114,000 forecast. This reduced the expectations of a rate hike, sending tech stocks higher.
Two things to watch next week.
1) CPI data
2) Fed commentary.
If inflation continues to drop, we can easily see US markets hitting a new all time high.