does cryptocurrency follow the stock market Knowledge graph

Toronto stock index GSPTSE rose 0.21% to 25,558.81.The Bank of Canada cut interest rates by 50BP for the second consecutive month, and the Bank of Canada lowered its policy interest rate from 3.75% to 3.25%, which was the second consecutive month to cut interest rates by 50 basis points, in line with market expectations, and cut interest rates by 175 basis points during the year.CEO of ExxonMobil: Our next generation graphite will shorten the charging time and increase the cruising range of electric vehicles by 30%.

Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.The Bank of Canada's statement no longer mentions that it is reasonable to expect further interest rate cuts if the economic development is consistent with the forecast. The need for further interest rate cuts will be assessed and a decision will be made one by one.Yu Jianhua, director of the General Administration of Customs, died of illness. On December 10, 2024, Comrade Yu Jianhua, secretary of the Party Committee and director of the General Administration of Customs of the Communist Party of China, died unfortunately at the age of 63. (Issued by the Customs)

After the announcement of the Bank of Canada's interest rate decision, USD/CAD fell 50 points to 1.4140.Dow opened up 0.2%, S&P 500 rose 0.5%, Nasdaq rose 0.7%, Macy's fell 10.8%, and lowered its profit forecast for fiscal year. Walgreen fell 3.5%, or "sold herself" to private equity firm Sycamore. Broadcom rose 4.4% and cooperated with Apple to develop AI chips. The number of houses fell by 8.1%, and it is planned to raise $7 million through additional issuance.Bank of America: In the third quarter, auto loans reached the highest level in eight years, and the financing demand for electric vehicles is growing.