Stocks climbed Friday, driven by Amazon’s strong performance, which lifted major U.S. indexes despite a mixed jobs report. Wall Street’s anticipation of a potential interest rate cut next week bolstered investor sentiment, as the report showed weaker-than-expected employment figures with some unusual distortions. The S&P 500 gained 0.4%, recouping part of Thursday’s sharp decline, its […]
Stocks rallied last week, with the Dow Jones Industrial Average gaining 1%, while the S&P 500 and Nasdaq Composite followed closely with increases of 0.9% and 0.8%, respectively. Netflix’s strong earnings powered tech stocks higher, but now the spotlight shifts to Tesla’s upcoming quarterly report, which is scheduled for Wednesday. Both the Dow and the […]
U.S. stocks slid on Monday, as markets reacted to a surge in Treasury yields and continued increases in oil prices. These developments sent major stock indexes lower, despite some U.S. stocks remaining near their recent highs. U.S. stocks like those in the S&P 500, Dow Jones Industrial Average, and Nasdaq composite felt the pressure of […]
Events on the United States economic calendar could heavily influence Bitcoin’s price in the coming days, with key inflation data being the central focus. These events may also affect central bank policy decisions, which in turn have a direct impact on the broader financial markets. Crypto markets saw gains over the weekend and are maintaining […]
Wheat prices on global exchanges saw minimal movement last week, with an increase of only 0.4-1%, primarily due to the absence of significant support factors. Wheat Production and Export Developments Forecasts predicting precipitation and lower temperatures in the Black Sea region have helped alleviate concerns about potential losses to winter wheat crops in Ukraine and […]
THE FORT KNOX OF CRYPTO In 1803, the United States was still a young, fragile nation, barely three decades old. The idea of spending $15 million—an enormous sum at the time—on a vast expanse of largely unknown land seemed like madness. Many questioned the value of this wild western frontier, calling it an empty wilderness, […]
Fed interest-rate cuts are widely anticipated on Wednesday, but how the stock market will respond to this policy shift remains uncertain. Historical patterns suggest that the reasons behind the Federal Reserve’s decision to lower rates play a more significant role in shaping market reactions than the simple fact that borrowing costs are being reduced. Goldman […]
eToro, a well-known stock trading platform, is set to discontinue trading for the majority of its crypto assets after reaching a settlement with the United States Securities and Exchange Commission (SEC). The platform faced accusations of running an unregistered brokerage and clearing agency linked to its crypto trading services. As part of the settlement, eToro […]
Asian markets displayed a mixed performance on Friday following the United States stocks inching closer to record highs. This came after economic reports from the U.S. met expectations. Meanwhile, U.S. futures remained stable, and oil prices rose moderately. Japan’s Nikkei 225, which saw a notable 3.4% jump on Thursday, slipped 0.9% in early trading to […]
