Recap April 18: Dogecoin is crazy, US dollar drop, Turkey bans Bitcoin payments (Recap Ep119)

In this week’s recap, the U.S. stocks ended far higher, with the Dow & S&P 500 reaching new record levels, as investors saw a much stronger than expected report on consumer spending & a sharp improvement in the number of new jobless claims. Dow +1.18%, S&P 500 +1.37%, NASDAQ +1.09%. Global stocks are hitting new record highs on Friday, after strong U.S. & Chinese economic data bolstered investor expectations of a solid global recovery from the coronavirus-induced slump, as the year progresses. [...]