U.S. stocks hit a new record high, MicroStrategy rose 9.04%

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MarsBit
09-20
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Mars Finance reported that on September 20, Wall Street traders bet that the Federal Reserve would be able to achieve a soft landing, which stimulated a rebound in riskier areas of the market and U.S. stocks hit new highs. The S&P 500 rose 1.7% on Thursday, setting its 39th record high since 2024 and expanding its gains this year to around 20%. The Nasdaq 100 rose 2.6%. The S&P 500 broke through 5,700 points and the Dow Jones Industrial Average broke through 42,000 points, both setting new highs. In terms of cryptocurrency concept stocks, Coinbase rose 3.44% and MicroStrategy rose 9.04%.

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