This week's news is about the stock market, not cryptocurrencies directly! Some parts of the stock market did well, even though other parts went down. One group that did well is called 'Financial stocks'. These are companies like banks.
This is different from cryptocurrency news, which focuses on Bitcoin, Ethereum, and other digital money. This news doesn't talk about those.
It shows that even when the overall market isn't doing great, some parts can still do well.
- Some financial stocks went up in price.
- The S&P 500, which is a measure of many different stocks, went down a bit.
- Bank of New York Mellon is one example of a financial stock doing well.
| Stock Market Indicator | Change |
|---|---|
| S&P 500 | Down about 2% |
| XLF (Financial Stocks ETF) | Up this week |
