On Monday, Cathie Wood-led Ark Invest made significant trades, notably selling shares of Block Inc (NYSE:SQ) and Grayscale Bitcoin Trust (OTC:GBTC) worth over $53.6 million.
The SPDR S&P 500 (NYSE: SPY) was spiking about 0.6% higher Monday despite the President of the Cleveland Fed Loretta Mester issuing a warning that the recent market rally, prompted by heightened hopes of
Wall Street continues to be optimistic in lead-up to Christmas, with all major indices up. Energy & Communications had biggest gains, Real Estate & Utilities fell most.