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Day-Trader Spirits Prove Hard to Kill at Market’s Riskiest Edges

(Bloomberg) -- A five-day runup in Treasury yields finally tamped down the post-election fervor in big US stocks this week. Not so at the market’s speculative edges, where Bitcoin and its memed-up cousins keep testing the limits of speculative zeal.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsAs they have

US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip

U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Chip stocks were mixed, with Broadcom rival Marvell Technology rising 10.8%, while AI bellwether Nvidia closed 2.2% lower. Yields on U.S. Treasuries rose across the board, with ones on the benchmark 10-year bond hitting a three-week high.

Brazil Central Bank Steps In to Cap Market’s ‘Unhinged’ Week

(Bloomberg) -- Brazil markets fell on Friday, capping a turbulent week for Latin America’s largest economy that saw its currency post some of the sharpest gains — and some of the sharpest losses — among global peers in the aftermath of an outsize interest rate hike and President Luiz Inacio Lula da Silva’s sudden health crisis.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate Headquar