US Equity Markets Close Higher Amid Rise in Cryptocurrency Market, Tech Sector

MT Newswires Live

1 hour ago

US equity indexes closed higher Tuesday amid a sharp rise in the cryptocurrency market and the tech sector.

* Bitcoin (BTC-USD) rose about 5.3% to $90,879.5, and Ether (ETH-USD) gained roughly 7% to $2,994.7, reversing Monday's losses that followed concerns surrounding the potential unwinding of the so-called carry trade in Japan.

* US same-store sales rose 7.6% last week from a year earlier, up from a 5.9% gain the week before, driven by Black Friday and post-Thanksgiving spending, though November's four-week sales increase of 6.4% fell short of the 6.7% goal.

* January West Texas Intermediate crude oil fell $0.68 to settle at $58.64 per barrel, while February Brent crude, the global benchmark, was last seen down $0.74 at $62.44.

* Boeing (BA) shares were up nearly 10%, leading the S&P 500 and Dow, after its CFO said deliveries of 737 and 787 jets will rise in 2026.

Price: 91044.66, Change: +4738.57, Percent Change: +5.49

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