The tweet was deleted by the author.
But we saved everything 🙂.
U.S. markets surge to records as tech leads gains, Anndy Lian notes
Anndy Lian reports that U.S. markets achieved record closes on 11 May, with the S&P 500 ending at 7,412.84, the Nasdaq at 26,274.13, and the Dow at 49,704.47.
Lian highlights that a 2.6% gain in AI-driven semiconductor stocks helped offset investor concerns over $104 oil prices. Investors showed confidence by prioritizing technology momentum over geopolitical risks.
Lian previously reported that more than $326 million in leveraged crypto positions were liquidated within 24 hours, with most of the losses coming from long positions. In another update, he noted that Bitcoin fell from $77,000 to $79,000 following the FOMC’s recent decision to leave rates unchanged. Both developments have weighed on sentiment in digital assets this month.
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