Bitcoin Hits $88,000, Crypto Stocks Surge

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The FOMO market is back: Morning Brief

Summary

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80% Informative

The stock market is ripping higher and the memes of people throwing Benjamin Graham's " Intelligent Investor " in the trash are back all over X.

Bitcoin ( BTC-USD ) rose to over $88,000 per coin for the first time ever, dragging cryptocurrency-related stocks with it.

The Russell 2000 Index is now up almost 10% over a five-day period.

Wall Street strategists have boosted their views on where the S&P 500 will land in the coming months .

If Yardeni 's call is right and the S&P 500 surges to 10,000 by 2030 , it'd be just more than a 11% annual return for the S&P 500, in line with the long-term average over the last 100 years . If that's the trade you fear missing out on, then you might just have the only kind of FOMO worth chasing. Josh Schafer is a reporter for Yahoo Finance . Follow him on X @_joshschafer..

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semi-formal

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English

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not offensive

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not hateful