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US STOCKS-Tech surge, BOJ's dovish comments boost Wall Street
US STOCKS-Tech surge, BOJ's dovish comments boost Wall Street
Aug 7, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Airbnb ( ABNB ) slides after forecasting Q3 revenue below estimates * Fortinet ( FTNT ) jumps on FY revenue forecast raise * Charles River slides after cutting FY forecasts * Indexes up: S&P 500 1.36%, Nasdaq 1.64%, Dow...
Exchange-Traded Funds, US Equities Higher After Midday
Exchange-Traded Funds, US Equities Higher After Midday
Aug 7, 2024
12:59 PM EDT, 08/07/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher Wednesday. Actively traded Invesco QQQ Trust (QQQ) gained 0.7%. US equity indexes extended gains, led by technology and utilities, and government bond yields rose after Wednesday's midday trading. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed...
Sector Update: Financial
Sector Update: Financial
Aug 7, 2024
01:40 PM EDT, 08/07/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%. The Philadelphia Housing Index was falling 1.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was shedding 0.6% to $55,736, and the...
US Equity Indexes Extend Gains in Midday Trading
US Equity Indexes Extend Gains in Midday Trading
Aug 7, 2024
12:54 PM EDT, 08/07/2024 (MT Newswires) -- US equity indexes extended gains, led by energy and utilities, and government bond yields rose after midday on Wednesday. The Nasdaq Composite climbed 1.1% to 16,540.2, with the S&P 500 up 0.9% to 5,288.5 and the Dow Jones Industrial Average 0.6% higher at 39,225.9, continuing the march higher after the sharp sell-off on...
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The Analyst Verdict: Adobe In The Eyes Of 21 Experts
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
Sep 6, 2024
Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
What the Options Market Tells Us About Dell Technologies
What the Options Market Tells Us About Dell Technologies
Sep 6, 2024
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
North Korean Hackers Escalate Crypto Heists, Funds Stolen Double To $1.6B
Sep 6, 2024
The cryptocurrency industry has seen a significant increase in North Korean state-sponsored hackers intensifying their efforts to pilfer digital assets over the past year. These sophisticated cyberattacks have resulted in billions of dollars in losses, raising serious questions about the security of digital assets and the far-reaching implications for the global financial system. According to blockchain analysis firm Chainalysis, funds...
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
Sep 6, 2024
Employment vacancies in the United States dropped sharply in July, hitting the lowest level in over three years and signaling a significant cooling in the labor market. Job openings fell to 7.673 million in July, down from a downwardly revised 7.91 million in June, according to the latest official data Wednesday from the Job Openings and Labor Turnover Survey (JOLTs)....
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Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Mar 11, 2025
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrencys decline to $76,800 triggered massive losses in the...
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
Mar 11, 2025
TL;DR Despite a severe price drop, some factors like increased whale activity suggest a DOGE reversal might be just around the corner. A potential approval of a spot Dogecoin ETF could also contribute to a possible rally in the near future. The Bears to Step Back? The past few weeks have been devastating for the cryptocurrency market, with countless leading...
Ethereum Price Analysis: ETH Revisits Multi
Ethereum Price Analysis: ETH Revisits Multi
Mar 11, 2025
Ethereum’s price has been in a clear downtrend since reaching a local high above $3,600, forming consistent lower highs and lower lows. The price is now on the verge of solidifying below the key $2,000 support, which could cause even more capitulations in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, it...
22,702 BTC Flow to Exchanges: What History Tells Us About the Current Bitcoin Downtrend
22,702 BTC Flow to Exchanges: What History Tells Us About the Current Bitcoin Downtrend
Mar 11, 2025
The crypto markets recent pullback has rattled investors, with Bitcoin and altcoins experiencing sharp declines. While volatility remains a concern, fundamental indicators suggest a potential turnaround could be on the horizon. Bitcoin is currently on a seven-week slump after reaching an all-time high of approximately $109,000 on January 19 this year. This decline followed months of aggressive accumulation by whale...
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