Rising jobless claims and a sharp decline in imports raised the specter of slowing economic growth.

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And CRCL could get an additional boost if Congress passes the GENIUS Act – a bill aimed at creating a regulatory framework for stablecoins. Data from the Labor Department showed that initial jobless claims rose by 8,000 last week to 247,000, more than the 236,000 economists expected.

Over the last three years, Meta Platforms ( META 3.05%) and CrowdStrike ( CRWD -5.74%) have returned 255% and 185%, respectively. Both companies are split candidates after that price appreciation, and both stocks are worth buying today, according to certain Wall Street analysts.

Another drift higher for U.S. stocks on Wednesday is pushing Wall Street even closer to its record following its big recent rally. The S&P 500 was up 0.3% in early trading and pulled within 2.5% of its all-time high.

U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump's tariffs and how much they're affecting the economy