Market Overview
It was the exact type of market bulls needed to see last week. Tech reasserted itself into the leadership position, and the Nasdaq led the way higher, finishing up 0.91%. The Dow Jones Industrial Average closed at its highest weekly level in history, as it rallied 0.50%. The S&P 500 closed at a weekly record as well, as it rallied 0.31%. As bullish as stocks look right now, crypto is still having some problems, but let's see if Powell's rate cut this week can give the bulls what they need. It looks like Santa Claus is coming to town after all (but remember, he doesn't technically arrive until after Christmas for stocks).
