Bernstein Predicts Robinhood Chain's Annual Fee Revenue Will Reach $160 Million by 2028

Bitcoin pulled back from about $87,000 to about $84,000, with Ethereum near $2,680. S&P Global PMI on September 23 ET far exceeded forecasts. The 10-year yield broke above 5.00%, while the 5-year and 30-year touched highs last seen in 2007 and 2004. The S&P 500 and Nasdaq slipped. Energy moved with oil and crypto-treasury stocks followed bitcoin lower. Investors await earnings from COST, BB, and others.

Global markets on September 23 focus on a Nasdaq high and an expansion of crypto futures. The Nasdaq closed higher on September 22 for a second straight closing high. Memory names such as Micron and SanDisk plus AI hardware lifted risk appetite. Brent eased to about $98 and WTI to about $94.6. Bitcoin was near $86,200 and Ethereum near $2,750. Investors are watching CME’s planned October 19 BCH/UNI futures and the impact of delayed compute-futures review on NVDA and CME.

Global markets on September 22 focus on a repair in AI-compute pricing. On September 21 the three major equity indexes closed higher. AMD rose nearly 10% and its market cap crossed $1 trillion for the first time, while Intel and Arm also surged. Brent crude fell about 3.4% to $100.34 and the 10-year Treasury yield eased to about 4.96%, lowering discount-rate pressure on long-duration tech. Bitcoin briefly broke above $87,000 and total crypto market cap returned above $3 trillion. Investors next watch consumer and housing earnings plus PMI flash prints.