The S&P 500 index, which is tracked by the SPDR S&P 500 ETF Trust (NYSE: SPY), was spiking up about 1.3% on Thursday, boosted by a positive reaction to Meta Platform’s fourth-quarter financial report and heading into the biggest
Cathie Wood-led ARK Investment Management bought 52,813 shares of cryptocurrency exchange platform Coinbase Global Inc (NASDAQ: COIN) at an estimated valuation of over $2.5 million based on Thursday’s closing price.
The entire investment world was on pins and needles Thursday morning waiting for the release of the December Consumer Price Index reading at 8:30 a.m. EST.