US equity close: S&P 500 flat but Nasdaq gains led by Meta

  • Closing changes in the US
  • S&P 500 up 2 points to 6049 (new record)
  • Nasdaq up 0.4% to a fresh record
  • Russell 2000 -0.75%
  • DJIA -0.2%

Meta was the winner in the tech race today, rising 3.5% and looking to break out after a period of consolidation.

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META daily

Part of me gets the sense that bitcoin needs to break $100,000 to keep sentiment bright enough to sustain a strong market in 2025.

On the flipside of the market today was INTC, which is not taking the news of the CEO departure well.

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