S&P 500 breaches 4700, European and Asian markets mixed; Bitcoin on a tear

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09 NOVEMBER 2021 09:26 IST | ENGLISH | MONEY & FINANCES | GENERAL AUDIENCE

Hersh P. Sayta

All 3 U.S. benchmark indices closed at all-time highs as the U.S. passed the $ 1 trillion infrastructure bill. The S&P 500 closed above 4700 and the Nasdaq gained for an 11th straight day. European indices closed near the flatline. Asian indices have opened mixed in trade today with the Nikkei reversing some of yesterday’s losses. The SGX Nifty has risen marginally in early trade today in a good cue for Indian indices. The US 10 year treasury yields rose slightly, oil prices are at USD 82 a barrel and gold is at a two-month high. Bitcoin is stealing the show gaining over 8%.