Wall Street’s Midterm Rally Faces Its Real Test on Friday, Jim Cramer Warns
Image: BeInCrypto
Stocks and crypto markets rallied after Democrats won control of Congress. But can the gains hold? Jim Cramer warns of a key test on Friday. The CNBC Mad Money host warned that the October jobs report could undo much of the gains. Crypto traders face the same risk, since the data will shape Fed rate-hike expectations. A Rally That Bet Against the AI Buildout The Dow jumped 3.03% to 53,356.12 , its best day since April 2025. The S&P 500 rose 1.58% to 7,688.62, and the Nasdaq Composite gained 1.44% to 25,736.51. US stocks added about $1.2 trillion in market value, according to The Kobeissi Letter. Meanwhile, the total crypto market rose nearly 2%, with all top 10 assets trading higher.
Read the full story on BeInCryptoBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to BeInCrypto.
