STOCKS RISE: Here's what you need to know

Stocks finished in the green on Thursday as bitcoin topped $US16,000 for the first time after a wild 48-hour surge that saw fortunes made and exchanges crash.Some Wall Street banks are walking away from the volatile cryptocurrency despite a new futures market set to launch this weekend.

Here’s the scoreboard:

  • S&P 500: 2,637.01 (+0.29%)
  • Dow: 24,200.60 (+0.25%)
  • Nasdaq: 6,812.84 (+0.54%)
  • Oil: $US56.61 (+1.16%)
  • 10-year treasury bond: 2.34% (-0.57%)
  1. As the GOP tax plan heads to conference, rich homeowners in blue states could be among the biggest losers.
  2. Here are the 12 companies that could pay the highest effective tax rates under the new plan.
  3. Lululemon surged after beating on earnings and raising its guidance.
  4. Cryptocurrency volumes went bananas today, totaling more than half of a usual trading day on the New York Stock Exchange.

In other news…

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.