The U.S. stock market extended its rally Friday after better than expected jobs data suggested that the impact of a partial government shutdown on the economy was largely overblown. Dow Surges Past Major Milestone All of Wall Street’s major indexes traded higher on Friday, reflecting a mostly upbeat pre-market for U.S. stock futures. The Dow Jones Industrial Average rose 166 points, or 0.7%, to 25,166.17. Shares of Exxon Mobil Corp (XOM) and Visa Inc. (V) led the Dow blue chips higher. The broad S&P 500 Index advanced 0.3% to 2,712.55, with seven of 11 primary sectors contributing to the gains.
By CCN.com: Remember when IBM was the technology trailblazer? It seemed every innovation out of Big Blue took off, leaving any other company that dared to compete in the dust. Well, the tables have turned. No longer is IBM the standout in the technology space, and one of the reasons relates to the strides being
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The bitcoin price on Sunday surged as high as 7.7 percent against the US dollar backed by a bullish yearly prediction. The bitcoin-to-dollar rate established its intraday peak at $ 4,085 but underwent a minor correction action to trade at $ 4,051 at press time. The pair had been attempting to break through $ 4,000 since December 28,
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The Bitcoin bull continues to charge as the price soars to over $ 14k. The run-up over the past few months has been fueled by reports of Bitcoin futures trading coming to US exchanges, but the most recent bump comes after an exciting announcement about the progress of the Lightning Network.
Record Prices and Market Capitalization
Bitcoin has destroyed all-time high after all-time high in the past months, currently topping out at a cool $ 14,059 at the time of writing according to CoinMarketCap. It is posting almost a 20% gain in just twenty-four hours, which is an insane increase even relative to the huge price swings we see on a regular basis in the crypto-community. Trade volume is also hitting record levels, with just under $ 12 billion in trade volume across top exchanges.