Wall Street’s main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.
Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global rose 3.83%, while Crypto-miners Riot Blockchain and Marathon Digital Holdings gained 0.17% and 0.83% respectively.
“There’s a big risk, regulatory risk, to crypto that’s not fully appreciated,” said Jay Hatfield, founder and chief executive of Infrastructure Capital Man…
Keep on reading: Wall Street ends to snap 3-day losing streak as technology stocks rise higher