MARKETS: YEAR-TO-DATE Dec 6, 2021

 

MARKETS: YEAR-TO-DATE

Nasdaq 15,085.47 +17.05%

S&P 4,538.43 +20.83%

Dow 34,580.08 +12.98%

10-Year 1.383% +46.4 bps

Bitcoin $48,774.34 +68.18%

Ethereum $4,131.31 +459.95%

*Stock data as of market close, cryptocurrency data as of 8:00pm ET. Here's what these numbers mean.

Markets: With stocks selling off sharply last week, at least we still have crypto, right? Right? Bitcoin tanked more than 20% at one point this weekend, dragging many other digital tokens with it. El Salvador, for one, bought the dip. Covid: At first glance, Omicron does not appear to cause more severe illness, Dr. Fauci said yesterday. Early results out of South Africa, where Omicron is spreading, show it’s not driving up hospitalizations. Fauci called the data “a bit encouraging.”