It was an eventful day on Wall Street, so sit back and relax with Asking for a Trend host Josh Lipton as he looks back on the session’s biggest market trends.
While the Dow Jones Industrial Average (^DJI) closed the day out above 44,000 and the S&P 500 (^GSPC) reached over 6,000, bitcoin (BTC-USD) extended its rally and hit a record high of $88,000.
Yahoo Finance markets reporter Josh Schafer examines the most apparent themes in the developing FOMO rally.
Asymmetric founder, CEO, and CIO Joe McCann joins the program to discuss why he believes bitcoin could even hit $100,000 under President-elect Donald Trump’s second administration.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
This post was written by Luke Carberry Mogan.