HomeMarket NewsCrypto Craze Continues: Financial Winners and Losers Decided Amidst Market Madness

Crypto Craze Continues: Financial Winners and Losers Decided Amidst Market Madness

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Market dynamics took a wild turn this past week as short-dated U.S. Treasury yields sank amidst lackluster economic data and dovish Fedspeak.

As the consensus solidifies around the Federal Reserve’s decision to halt rate hikes, financial stocks (with market cap $2B+) rolled into the week ended Dec. 1 with vigor, with the Financial Select Sector SPDR ETF () marking a formidable surge, outpacing the S&P 500’s .

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