The S&P 500 hit new highs today. This comes after a fall in additional jobless claims and a positive revision to second-quarter GDP. The decrease in jobless claims suggests a sustained trend of low layoffs. Equity options data indicates light overall volume, but a rise in short-term S&P 500 call volume, and a surge in E-mini Russell calls. Cryptocurrency also attempted a comeback, with Bitcoin trading above $113,000.
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