Market Movements Unpacked

The S&P 500 saw a rise while the dollar remained crucial amidst volatile conditions for bitcoin and a drop in treasury yields. The Federal Reserve decided to keep interest rates steady, emphasizing the ongoing struggle with inflation. Meanwhile, fast food prices in California surged by up to 10% following a minimum wage hike, and venture capital firm General Catalyst is on the brink of raising nearly $6 billion to invest in diverse tech sectors across the US, Europe, and India.