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Stocks Surge as Bitcoin Soars Near $106K

1/20/2025

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Story summary
  • Dow Jones, S&P 500, and Nasdaq futures increased, while Bitcoin hit a record high near $106,000.
  • Donald Trump's inauguration is expected to bring 100-200 executive orders, affecting multiple sectors.
  • The stock market rally displays bullish trends, with major indexes surpassing their 50-day moving averages.
  • Tesla stock jumped 8.05%, alongside buy signals from ServiceNow and Amazon.
  • Earnings season begins this week, featuring significant reports from Netflix and GE.