NFT stands for Non-Fungible Token. It is a digital asset that can be identified through its unique qualities held within its metadata. Due to the way they are designed and minted, NFTs are unique and cannot be replaced, altered, or changed in any way. Once they have been created, they will be permanently etched on the blockchain’s public ledger for all to see. The NFT concept includes major US-listed companies that engage in the NFT industry.
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$Disney (DIS.US)$ $Penn Entertainment (PENN.US)$ $DraftKings (DKNG.US)$
• Nasdaq Composite
The Nasdaq jumped 1.24%, closing at 19,864.98. As anticipated in yesterday's analysis, the index broke through the 19,800 resistance and is now eyeing the psychological 20,000 level. Despite its significance, I believe the resistance here might not be too strong, given the momentum in tech stocks.
• S&P 500
The S&P 500 gained 0.55%, ending at 5,975.38, inching closer to the crucial 6,000 mark. Tonigh...
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