Ether ETFs are coming. Here's how Wall Street says the funds will impact the world's 2nd-biggest crypto. – Markets Insider
The spot Ethereum ETF could reportedly launch as early as July 22. Wall Street analysts are divided on how this will affect Ethereum. Most are keeping an eye on the inflows into the new ETF to determine what impact it will have on Ethereum price. Thank you for your registration! Access your favorite topics on […]
What To Expect in the Markets This Week – Yahoo Finance
Next time we’ll cover PCE Inflation, Q2 GDP, Tesla, Google and Visa earnings.
Biden's Election Prospects Crash on Crypto Markets After Report of Obama Concerns – Decrypt
The chances of US President Joe Biden running for a second term are fading, according to bettors in a cryptocurrency-based prediction market. PolymarketSpeculation is growing that the current commander in chief is experiencing serious health problems, raising questions about his fitness to hold the country’s highest office. In Polymarkets’ betting pool, which holds more than […]
Asian Stocks Decline as Chip Selloff Gains Steam: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares fell on Thursday as worries over tightening U.S. restrictions on semiconductor sales to China deepened a global sell-off in technology shares. Most read articles on Bloomberg Stocks in Japan and South Korea fell, with the Tokyo Stock Exchange down 1.5%, weighed down by a stronger yen and heavy selling by chipmakers […]
Wall Street brokers flock to Four Twenty Five in NYC for ‘power hour’ after markets close
Celebrity chef Jean-Georges von Grichten’s new Park Avenue restaurant has become the epicenter of the “power hour,” a new post-pandemic phenomenon for Wall Street powerhouses, Side Dish has learned. As soon as the closing bell rang, traders, investors and executives flocked to Four Twenty Five, a Norman Foster-designed skyscraper that opened in December at 425 […]
Treasuries slip, dollar firm as markets grapple with US politics By Reuters – Investing.com
Investing.com — The Dow Jones Industrial Average closed at a record high on Monday as expectations of a rate cut in September increased after Federal Reserve Chairman Jerome Powell said recent inflation readings boosted confidence. As of 4 PM ET (9 PM GMT), the was up 210 points, or 0.5%, to close at a record […]
US Futures Waver as Traders Juggle Trump-Win Bets: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares are expected to open mixed as U.S. stock futures swayed after the assassination attempt on President Donald Trump boosted expectations he would win the November election. Most read articles on Bloomberg S&P 500 contracts were little changed in early Asian trading. The U.S. dollar edged up against most currencies. Bitcoin surged […]
The Stock Market’s Other 493 Stocks Are Ready to Leave Big Tech Behind – Barron's
With the S&P 500 on track to reach record highs even though very few of the companies in the index are reporting steady profit growth, its reliance on a few star stocks may finally be changing. “Given the high correlation between tech outperformance and earnings, we expect a narrowing growth gap will act as a […]
Markets News, July 12, 2024: Stocks Close Higher to Finish Week With Gains; Dow Above 40K – Investopedia
S&P Gains and Losses on Friday 1 hour 51 minutes ago Profit earners Enphase Energy Enphase (ENPH) shares surged Friday after the company rolled out new U.S.-made residential and commercial solar energy installations that qualify customers for federal tax credits. Solar projects that meet certain requirements qualify for the Domestic Content Bonus Credit under the […]
Asian Tech Stocks Drop as Yen Whipsaws After Rally: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian tech stocks fell on Friday, echoing Wall Street’s declines, while the yen was shaky, as slowing U.S. inflation prompted investors to pull out of big tech companies. Most read articles on Bloomberg On Thursday, the Nasdaq 100 Index fell 2.2% after slowing inflation data that supports a rate cut, while an index […]