Bitcoin has surpassed $100,000 for the first time, resulting in significant gains for companies involved in cryptocurrency trading.

MicroStrategy's stock rose by 9%, while Robinhood and Coinbase saw increases of 7.5% and 5% respectively.

This surge in bitcoin's value, which has increased by approximately 140% year-to-date, coincided with Donald Trump's recent presidential election victory.

In labor market news, first-time jobless claims for the previous week exceeded economists' expectations, reaching 224,000.

This data follows disappointing ADP private payroll figures and precedes the upcoming government employment report.

Additionally, bond yields rose, putting pressure on stocks after the S&P 500 reached another record high.

Costco reported a 4.9% increase in November same-store sales, excluding gas and currency fluctuations.

However, e-commerce sales fell by 2.5%, attributed to the timing of Black Friday and Cyber Monday, which negatively impacted online sales by an estimated 15 percentage points compared to the previous year.

Currently, Costco's shares are trading at all-time highs.