Goldman Sachs picked three stocks that are expected to see gains in today's environment. One of them is a health insurance company, Oscar Health.
European stocks, like Nokia, Royal Dutch Shell, and Electricite de France, went up. Nokia's (NYSE: NOK) stock rose 0.5%, Royal Dutch Shell (LON: RDSa) went up by 1%, and Electricite de France (PA: EDF) stock soared 6.6%.
Some altcoins have even outperformed BTC in the past month. Since March, Ether (ETH) reached an all-time high. It is up about 60%. XRP is up about 90%.
Monday saw the fall of oil prices consolidating after gains made on the previous session driven by the OPEC+ decision to ease production cuts.
As the USD is several months high, analysts predict the rally to continue, hoping for economic recovery.
Due to the shortage of the semiconductor microchip, a lot of car-producing companies are delaying the delivery.
After setting a record high of $61,781.83 earlier in the month, Bitcoin traded just below $59,000.
As S&P 500 closed at an all-time high on Friday, the market participants are now wondering where the stock market could be headed next.
One of the most important events of the week is the jobs data. The U.S. Labor Department will be releasing the data on Friday.