{"id":3858,"date":"2024-12-06T19:18:10","date_gmt":"2024-12-06T19:18:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3858"},"modified":"2024-12-06T19:18:10","modified_gmt":"2024-12-06T19:18:10","slug":"tech-stocks-rise-meta-rallies-as-court-upholds-tiktok-ban-bitcoin-roars-above-101000-whats-driving-markets-friday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3858","title":{"rendered":"Tech Stocks Rise; Meta Rallies As Court Upholds Tiktok Ban; Bitcoin Roars Above $101,000: What&#8217;s Driving Markets Friday?"},"content":{"rendered":"<div>\n<p>The <strong>S&amp;P 500<\/strong> and the <strong>Nasdaq 100<\/strong> are set to log their <a href=\"https:\/\/www.benzinga.com\/markets\">third consecutive week of gains<\/a>. <\/p>\n<p>The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood <a href=\"https:\/\/www.benzinga.com\/topic\/interest-rates\">of lower interest rates.<\/a><\/p>\n<p>Meanwhile, the Dow Jones Industrial Average is on course to finish the week in negative territory, highlighting a divergence in performance among major U.S. indices.<\/p>\n<p>Shares of <strong>Meta Platforms Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/META#NASDAQ\">META<\/a>) surged 3% on Wednesday, extending their weekly gain to over 9%, marking the stock&#8217;s best week since late January. The rally followed a U.S. appeals court decision upholding the Jan. 19 deadline for TikTok&#8217;s parent company, <strong>ByteDance<\/strong>, to divest the app over national security and data privacy concerns. TikTok&#8217;s appeal was rejected, leaving the U.S. Supreme Court as its final recourse.<\/p>\n<p>The consumer discretionary sector emerged as Friday&#8217;s best performer, fueled by further gains in <strong>Amazon.com Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/AMZN#NASDAQ\">AMZN<\/a>) and <strong>Tesla Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/TSLA#NASDAQ\">TSLA<\/a><strong>)<\/strong>.<\/p>\n<p>In macro news, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/social-media\/24\/12\/42371493\/tech-stocks-rise-meta-rallies-as-court-upholds-tiktok-ban-bitcoin-roars-above-101000-whats-d\" alt=\"Tech\" stocks rise meta rallies as court upholds tiktok ban bitcoin roars above what driving markets friday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The S&amp;P 500 and the Nasdaq 100 are set to log their third consecutive week of gains. The Nasdaq 100, in particular, is tracking its strongest weekly performance in a month, underscoring investor enthusiasm for tech stocks and the growing likelihood of lower interest rates. Meanwhile, the Dow Jones Industrial Average is on course to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3858","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3858"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3858\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}