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The S&P 500 gained 0.94% last week, hitting a record high as optimism over a September Fed rate cut lifted markets, with focus now on the Jackson Hole symposium for policy signals. Gold slipped to around $3,330 as strong US inflation data cut Fed rate cut bets, though safe-haven demand from US-Ukraine talks may cushion losses. CoinDesk Indices, which track the broader crypto market, fell 1.33% in the past 24 hours, while Bitcoin and Ether down 1.45% and 2.79%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is BIO, up 20.8% following the launch of Bio Markets, funding for a clinical trial, and the debut of Molecule V2 signaling the next growth phase for DeSci.