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Stock Market Today: Dow Hits 50,000 For First Time — Live Updates The Wall Street JournalDow surges 1,200 points for first close above 50,000 in sharp rebound from tech rout: Live updates CNBCStocks hit historic milestone as Dow crosses 50,000 points for first time ever cnn.comStocks Rebound After Volatile Week as Dow Hits Record High The New York TimesThe Road to Dow 50000
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Fear of AI Replacing Software Makers Hits Stocks. Here's What to Know. The New York TimesDon't label it a SaaSpocalypse just yet AxiosAllegra Stratton: Starmer Should Focus on Anthropic Bloomberg.comAI fears pummel software stocks: Is it 'illogical' panic or a SaaS apocalypse? CNBC
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The Dow Jones industrial average surpassed 50,000 points for the first time, as old line stocks come back into vogue.
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Dow surges 1,200 points for first close above 50,000 in sharp rebound from tech rout: Live updates CNBCStocks hit historic milestone as Dow crosses 50,000 points for first time ever cnn.comStock market today: Dow, S&P 500, Nasdaq rise after tech rout as Wall Street rethinks AI risks Yahoo FinanceCommentary: The Dow just broke 50,000. Here's what that means latimes.com
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Stocks also rise in first trading session as US pledges to lower country's tariffs to 18% following oil agreement
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About 145 million American adults say that they own or have owned cryptocurrency. Statistically, that's more than half of your co-workers, neighbors and friends.
It's also about the number of Americans who own stocks.
Even though it's not regulated by a government agency, cryptocurrency is becoming mainstream. However, President Biden recently signed an executive order to address cryptocurrency risks with a whole-of-government approach that could make cryptocurrency even more attractive to investors as well as traditional banks and credit unions.
SEE MORE Crypto Has Been Through the Wringer in 2022: What Now?
For the near term though, cryptocurrency remains a volatile, speculative asset that will likely continue its gut-wrenching booms and busts. That's not to say that cryptocurrency doesn't belong in a well-diversified portfolio, but I recommend that my clients first educate themselves about cryptocurrency before deciding whether or not to invest.
As Warren Buffet said about investing in cryptocurrency: "I get into enough trouble with the things I think I know something about. Why in the world should I take a long or short position in something I don't know about?"
Here are some important concepts to get comfortable with.
How Cryptocurrency Works: The Basics
Say you order a new set of patio furniture online. A credit card company or p
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