Daily Report | December 5, 2024 | BANX Special, Marathon Petro Tender, GBAB Purchase

Stocks are marginally lower after another record close yesterday, the 57th of the year. Bitcoin is making headlines as its price crested above $100,000 last night. Typically, bullish moves in bitcoin have led to gains in the Nasdaq but not today. The bitcoin move is likely due to some favorable comments from Fed Chair Powell yesterday regarding the cryp…