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The Ripple Effects of a Spot Market Bitcoin ETF

The Ripple Effects of a Spot Market Bitcoin ETF
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US Stocks Finish Higher but Set Up For Volatile Start to New Year


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US Stocks Finish Higher but Set Up For Volatile Start to New YearPresident Biden will have two major issues on his hands:  Stop the spread of the virus and get more fiscal aid to struggling Americans.
Dec 31, 2020 07:54 AM GMT
The major U.S. stock indexes moved higher on Wednesday, closing just below record levels reached the previous session as investors continued to bet on a strong economic recovery in 2021 on the back of COVID-19 vaccine rollouts and hopes for even more fiscal stimulus when President-elect Joe Biden takes office on January 20.
New Stimulus Delayed Again
Investors seemed to shrug off the news that Senate Majority Leader Mitch McConnell blocked a quick vote to back President Donald Trump’s call to increase COVID-19 checks. Near-term expectations of bigger stimulus checks dimmed on Wednesday after McConnell introduced a bill that tied increased $2,000 stimulus checks with the removal of protections for social media companies and a study ....

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