US Stocks Rise Despite Hot Inflation Data; Bitcoin Jumps on SEC Approval of Crypto ETFs
- US stocks gained on Thursday despite hotter than expected inflation data for December
- S&P 500 rose 0.2%, Dow added 0.1%, Nasdaq climbed 0.3%
- Bitcoin and crypto stocks jumped after SEC approved spot BTC ETFs
- December CPI came in at 0.3% monthly and 3.4% yearly, slightly above forecasts
- Earnings season kicks off Friday; Citi taking $3B+ in charges in its Q4 results