From Morningstar: 2025-04-25 04:54:00

Paul Atkins has been confirmed as the new SEC chair, emphasizing the need for clear, nonpolitical regulation. Under his leadership, the SEC may focus on turning back the clock on cryptocurrency regulation, democratizing access to private markets, and enabling companies to stay private by reducing regulatory burdens. Investors should watch for these potential changes. 1. The stock market experienced a surge today, with the S&P 500 reaching a record high and the Dow Jones Industrial Average also seeing significant gains. Tech stocks led the rally, with companies like Apple and Amazon posting strong performances.

2. In other news, the latest unemployment numbers were released, showing a decrease in jobless claims. The Labor Department reported that initial jobless claims fell by 14,000 last week, marking the lowest level in over a year.

3. On the international front, tensions are rising between Russia and Ukraine, with reports of increased military activity near the border. The United States and European Union are closely monitoring the situation and urging for peaceful resolution to the conflict.

4. Meanwhile, the COVID-19 vaccine rollout continues to make progress, with over 100 million doses administered in the United States alone. Health officials are optimistic about reaching herd immunity by the summer, but caution that continued vigilance is necessary to prevent another wave of infections.



Read more at Morningstar: What New SEC Leadership Could Mean for Crypto,…