Stocks and Bitcoin Reach New Highs Before Retreat; Consumers Still Feeling Inflation Despite Biden's Claims
• Stocks and bitcoin hit new records before pulling back; bitcoin soars to $70K
• Jobs report was mixed; unclear how Fed will interpret data
• Biden touted lower inflation but consumers still seeing high prices
• Apple shares fell 5% for the week, worst performance since January
• Costco gave update on membership fees and potential future hikes