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The S&P 500 rose 0.07% to a new record, lifted by strong earnings, notably from Alphabet. Markets await next week’s Fed rate decision. Gold slipped to $3,373 as strong US jobs data and rising yields outweighed weaker manufacturing figures, keeping prices range-bound ahead of the Fed meeting. The Coindesk Indices, which tracks the broader crypto market, fell 1.36%, with Bitcoin and Ether up 0.50% and 4.65%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is AXL, up 12.9% following news of Axelar and Stellar’s seamless cross-chain stablecoin payment integration.