Monday, May 24, 2021

MARKETS: YEAR-TO-DATE 05-24-21 MBrew

 May 24, 2021

MARKETS: YEAR-TO-DATE

Nasdaq

13,470.99

S&P

4,155.86

Dow

34,207.84

Bitcoin

$33,871.06

10-Year

1.619%

Ethereum

$2,071.16

*Stock data as of market close, cryptocurrency data as of 7:00pm ET. Here's what these numbers mean.

  • Markets: While the stock market takes nights and weekends off, the crypto market is a circus that runs 24/7. Prices for cryptocurrencies continued to tumble over the weekend, with bitcoin dropping to nearly 50% below its peak.
  • Covid-19: New daily cases in the US are at their lowest levels since June of last year. And new evidence emerged that may support the hypothesis that Covid-19 leaked from a lab: According to a US intelligence report viewed by the WSJ, three researchers from China’s Wuhan Institute of Virology became so ill they sought hospital care in November 2019.

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