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TheDrop Market Analysis, 11/22/24

Markets finished the week strong.

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The Dow led today's rise with an increase of 1%, setting an all-time high. The Nasdaq and S&P rose by smaller margins. Investors today reacted strongly to Bitcoin's surge and its landmark achievement of surpassing $100,000 in value.


Big Tech crumbled as the fallout of Nvidia's poor earnings report lingers. Nvidia fell 3.2%, while Apple fell 0.6% and Google 1.6%.


SMCI, Tempus, and Gap also surged as positive earnings reports emerge.


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