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Podcast: c2stories
Episode: Market Highs, Lobster Lows
Description: Major indexes closed higher yesterday after Fed Governor Christopher Waller suggested no interest rate hike. The Nasdaq and S&P 500 hit new records ahead of Nvidia’s earnings. Oil dropped nearly 1% as the Biden administration plans to release 1 million barrels of gasoline. McDonald’s franchise owners raised concerns over the upcoming $5 value meal. FDIC head Martin Gruenberg will step down following an investigation into misconduct. Red Lobster filed for bankruptcy with plans to sell parts of the business. Ethereum's price jumped 22% as Bloomberg raised the approval odds for ethereum ETFs.
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