Stocks closed lower Wednesday with investors' anxiety ramping up ahead of tomorrow's highly anticipated inflation update. But while the main indexes churned in negative territory, there was plenty of green tape to be found – including in the cryptocurrency space, where Bitcoin boomed to its highest level in two years.
There was little to "spark a fresh wave of enthusiasm" before tomorrow morning's release of the Personal Consumption and Expenditures (PCE) price index, says Susannah Streeter, head of money and markets at Hargreaves Lansdown.
