S&P 500 Gains and Losses Today: Coinbase Shares Soar; Oil and Defense Stocks Drop
1. Coinbase shares surged 12.1% after Benchmark raised their price target. 2. The S&P 500 gained 1.1% due to optimism over Middle East tensions. 3. Favorable legislative changes are boosting Coinbase’s business outlook. 4. Geopolitical tensions are easing, impacting market sentiment positively. 5. Investors await clarity from the Federal Reserve's interest rate stance.