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What Moved Markets — 6am ET, May 4, 2026

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Headlines

  • Bitcoin briefly clears $80,000 — BTC hits intraday high of $80,500 before retreating to $79,770

  • Microsoft lags megacap peers — investors question AI spending plans as stock underperforms

  • Ark Venture Fund outperforms S&P 500 and Nasdaq-100 over past year — fund holds SpaceX and OpenAI stakes

  • S&P 500 closes at record 7,230.12 on Friday — easing oil prices and strong earnings support equities

  • Fed Chair Powell blames Trump for higher inflation — outgoing chair shifts focus to presidential trade policies

  • World shares are mixed, with sharp gains for tech stocks, while oil prices bounce back

  • Prediction: Where Chevron Stock Will Be in 1 Year

Today’s wrap

May 4, 2026 Market Wrap

GoodMoat publishes hourly macro-headline digests synthesized by AI from leading financial newswires (Reuters, Bloomberg, Tiingo). Each bulletin is editorially reviewed for accuracy before publication. See the Macro Desk editorial process for details.