Market Overview - Page 256

US retail sales in October fell short of expectations, adding 0.3% vs forecasted +0.5% and +1.6% a month earlier. Separately, the import price index declined by 0.1% m/m against expected growth of 0.2%. Weaker US economic data increased pressure on.

Philip Swift, a Bitcoin (BTC) analyst and the creator of Lookintobitcoin.com, laid out four reasons why BTC is headed to $22,000. Both fundamental and technical factors indicate the top cryptocurrency’s momentum is strengthening. The one-year HODL percentage, the decline of.

Dow Jones Industrial average and S&P 500 futures declined on Tuesday morning after the two major market benchmarks closed at record levels. Dow futures fell 168 points, or 0.5%. The move implied an opening loss of about 160 points. S&P.

Tesla is finally joining the S&P 500. S&P Dow Jones Indices announced on Monday that the carmaker will be added to the benchmark index prior to trading on Monday, Dec. 21. Based on Monday’s closing prices, Tesla would be one.

A new round of vaccine news has returned to the markets the rotation of energy, financial and defence stocks. As a result, Dow Jones was the growth leader among the three leading Wall Street indices, adding 1.6%, against 1.2% in.

The year 2020 sucked for pretty much everyone. Unless you’re holding Bitcoin (BTC) that is. The price of Bitcoin is up 125% year-to-date making it once again the best-performing asset just as it has been for the past decade. Strangely.

U.S. stocks rose on Friday as investors bet again on stocks that would benefit from a potentially effective vaccine and economic recovery next year. The S&P 500 advanced 1.4% to 3,585.15, and posted a record closing high. The Dow Jones.

For the second time this year, the Coronavirus impact is increasingly evident in macroeconomic reports. The University of Michigan consumer sentiment index has interrupted the recovery, falling from 81.8 to 77, according to a preliminary November estimate. The reversal came.

Within the last hour Bitcoin (BTC) price surged through the $16,200 level to secure a new 2020 high at $16,473. The 6.62% move brings the top-ranked digital asset closer to closing a CME gap in the $16,465 to $16,570 zone.

The increasing number of global coronavirus infections is preventing markets from completely departing from current pandemic trends and entering a new phase. For the equity market, this results in renewed pressure on company shares in affected sectors. In commodities and.

Asian shares eked out gains on Friday and U.S. stock futures turned higher after U.S. president-elect Joe Biden was projected to win the battleground state of Arizona, cementing his win for the office. The projection by Edison Research dealt another.

Europe’s benchmark stock index fell on Friday, setting up to end its second straight week of gains on a glum note, as surging coronavirus cases compounded fears of the damage to the bloc’s economy in the coming winter months. The.