Market Overview - Page 199

Asia-Pacific markets traded mixed Tuesday after starting the week by struggling for gains in what some analysts have described as a fragile environment for stocks. In Australia, the benchmark ASX 200 trimmed some of its early gains but still finished.

Dow futures moved higher in overnight trading on Monday, putting the index on track to extend its rally from the regular session. Dow futures rose about 130 points. S&P 500 futures gained 0.45% and Nasdaq 100 futures rose 0.55%. On.

A simmering geopolitical dispute over an undersea pipeline that would bring gas from Russia to Germany is widely expected to intensify in the coming weeks, with pressure building on President Joe Biden to do more to halt the nearly-complete project..

The Nasdaq index, composed mainly of high-tech companies, ended trading yesterday 11% below the maximum close of February 12th. Such a drop is considered as having entered correction territory. On Tuesday morning, Nasdaq futures showed little signs of a rebound,.

Brent crude topped $70 on Monday morning amid optimism around the economy. The price climbed to $70.91 at one point, its highest level since May 2019. US WTI reached $67.80, the highest since October 2018. By the start of trading.

MicroStrategy, Tesla and Square have done it. So have many others, although more quietly. I’m talking about holding corporate treasury reserves in bitcoin. This trend is attracting attention even from trade press. Consultancies and crypto companies are scrambling to launch.

Oil billionaire Kjell Inge Rokke has come out strongly in favor of Bitcoin, as he bets the cryptocurrency will prove the best defense against the disruption facing the finance industry and central banking. Rokke’s Aker ASA, which controls oil and.

European shares rose on Monday, catching up with a late Friday rally on Wall Street, while oil majors like Royal Dutch Shell and BP jumped as crude prices were boosted by reports of attacks on Saudi Arabian facilities. The pan-European.

World shares dipped on Monday as the U.S. Senate’s passage of a $1.9 trillion stimulus bill put fresh pressure on Treasuries and tech stocks with lofty valuations, raising inflation jitters. These concerns overshadowed the prospect that stimulus would give another.

Meitu, a Chinese company that makes a photo editing app, has purchased bitcoin and ether, becoming the latest firm to buy cryptocurrencies.The Hong Kong-listed company said on Sunday it bought $22.1 million worth of ether and $17.9 million worth of.

International benchmark Brent crude futures popped during Asian trading hours Monday, moving above $70 a barrel for the first time in more than a year. The surge in oil prices came after Saudi Arabia said its oil facilities were targeted.

U.S. futures fell early Monday morning as a new stimulus package from Washington headed toward final passage this week. Futures contracts tied to the Dow Jones Industrial Average erased earlier gains of more than 100 points to trade fractionally lower..