The U.S. stock market catapulted higher on Wednesday, as investors rallied behind a series of upbeat earnings reports from some of Wall Street’s biggest companies. Flush of Green for Dow Index All of Wall Street’s major indexes reported strong gains on Wednesday, building off a positive pre-market session for Dow futures. The Dow Jones Industrial Average is up 316 points, or 1.3%, to 24,896.79. The broad S&P 500 Index gained 0.8% to 2,660.67. Ten of 11 primary sectors reported gains, with information technology and consumer discretionary leading the advance. Booming tech shares lifted the Nasdaq Composite Index to higher ground.
By CCN.com: U.S. stocks continued higher through the midday session on Friday, as upbeat corporate earnings offset lingering fears about global economic growth and a looming Brexit vote in the British parliament on Tuesday. Dow Pounds Higher as Stocks Climb Wall Street’s major indexes opened sharply higher on Friday, reflecting a strong pre-market session for
The post Dow Pops 239 Points, But Will Brexit Plan B Spoil the Stock Market Party? appeared first on CCN
The price of Bitcoin (BTC) may finally be moving in the right direction after not hitting a new low since mid-December, and at least one technical indicator suggests a short-term rally may be in our future. According to a recent report by Bloomberg, Bitcoin’s GTI Global Strength Indicator, a measure of upward and downward movements of successive […]
By CCN.com: The Dow Jones Industrial Average plummeted 400 points by mid-day Tuesday. Markets are very responsive to crucial trade policy decisions. The ongoing tariff war with China has had a haphazard effect on various industries, both importing and exporting. Soybean growers have been hit particularly hard by retaliatory tariffs imposed by China. US-China Trade
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The Dow, S&P 500, and Nasdaq all plunged at the opening of trading today and continued to fall after Apple CEO Tim Cook suddenly revised Apple’s first-quarter revenue predictions. Apple shares have dropped nearly 10% as of the time of writing, putting the tech giant on track for its worst daily loss in more than
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US stock market futures are signaling deep cuts to open the second trading session of 2019, with contracts tracking the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all implying losses of more than 1.2 percent. Dow, Tech-Heavy Nasdaq Take Deep Cuts on Thursday As of 8:08 am ET, Dow futures had shed 301
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Optimism that the United States and China are making significant progress toward bringing an end to the trade war that has roiled the economy in recent months has the Dow Jones Industrial Average and other major stock indices pointing north ahead of the year’s last trading session. Dow Preps Gains amid ‘New Reality’ of Volatility
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The US stock market may be in dire straits relative to its early-year performance, but don’t call it a recession yet. Bolstered by strong showings from the retail and energy sectors, the Dow Jones Industrial Average and S&P 500 each posted stellar post-Christmas rallies, even as the bitcoin price slumped several percentage points to headline
The post Newsflash: Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps appeared first on CCN
The Dow Jones Industrial Average just experienced its third-worst day by total points lost, falling 832 points (-3.15%) on Wednesday. The market drop was primarily driven by the tech sector, with the Nasdaq down over 4% and the Technology Select Sector SPDR (XLK) down 4.85%. Experts are pointing to recent spikes in rates for the […]
When combined with other technical tools, pivot points are valued among day traders for their ability to analyze price movement and more.
In what is surely the most unequivocal indicator yet of bitcoin’s adoption into mainstream culture, ‘BITCOIN’ is now accepted in Scrabble. It was one of the three-hundred words recently added to the official US Scrabble dictionary by Merriam-Webster.
Eleven points is a solid, if not particularly spectacular score. Apart from the ‘B’ and ‘C’ (worth 3 points each), all of the letters are common 1-pointers. You can add another point for an ‘S’ to make ‘BITCOINS’, but that could cause arguments with crypto-grammar-nazis.
It was just a few days ago that news broke alleging “insider trading” after a botched Bitcoin Cash launch which saw prices spiking close to $ 9000. Now, new evidence has emerged appearing to bolster those allegations.
Entrepreneur and cryptocurrency enthusiast Albert Renshaw is claiming that he has discovered additional evidence pointing to insider trading of Bitcoin Cash related to its recent adoption by Coinbase and their cryptocurrency exchange, GDAX.
Speaking with Forbes, Renshaw states:
I’ve found and isolated one instance of insider trading on BCH addition to GDAX/Coinbase.
He references the following discussion thread that took place on /r/Coinbase: