Bitcoin Price to Follow Major Stock Indexes to New ATH Soon
Institutional demand for Bitcoin has driven the recent bullish narrative, a month after the fourth BTC halving event.
Top Analyst Turns Bearish on Tech Stocks and Crypto Ahead of Bitcoin Halving 2024
Bitcoin price has struggled to rally beyond $72K despite its dominance against altcoins rallying further against all odds.
US Federal Reserve Maintains Current Interest Rate as Fed Chair Also Indicates No Rate Cuts in March
By Tolu Ajiboye
According to Powell, its is unlikely that the Fed will be ready to cut interest rates at the March meeting.
Dow Records 158 Point Rise on Thursday as Economic Data Shows General Improvement
By Tolu Ajiboye
There was a general rise in the Dow, S&P 500 and Nasdaq Composite indexes following hints that the Fed policy would favor the general market.
Dow Jones Jumps 500 Points to All-Time High as Fed Keeps Rates Unchanged
With yesterday’s historic high, the Dow Jones extends its Q4 rally to more than 10%. On the other hand, the technology sector also makes a fresh all-time high.
Dow Futures Slightly Up after closing at New 2023 High, Treasury Yields Remain Flat
By Tolu Ajiboye
Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year.
Stock Market Surges on Inflation Optimism: Wall Street Celebrates
Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting.
S&P 500 Ends Winning Streak amid Inflation Concerns and Yield Surge
The stock market’s decline coincided with a significant increase in bond yields. However, market experts remain cautiously optimistic about the overall trajectory.
S&P 500 and Nasdaq Record Their Longest Winning Rally Since November 2021
The Dow had the weakest performance among the three major indexes during Tuesday’s session, primarily due to several declining stocks.
Bitcoin Mining Stocks Skyrocket as BTC Price Hovers Around $35K
The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day.
US Stock Futures Go Lower as Q3 Earnings Season Picks Up Steam
The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum.
Dow Jones Tanks 400 Points amid Interest Rate Spike, Turns Negative for 2023
Analysts have warned that the rise in the bond yields could pose significant challenge to equity market and other risky investments like crypto.
Tech Stocks Continue Drags Sustained Fall into October
One of the primary drivers of the recent tech stock downturn is the surge in bond yields.
US Stocks Stumble as Consumer Confidence Dips and Bond Yields Rise
Concerns about higher interest rates can lead to reduced borrowing, higher financing costs, and a potential slowdown in economic activity.
Nasdaq Composite Closed Lower on Tuesday as Oracle Loses 13% and Other Tech Stocks Slide
By Tolu Ajiboye
The Nasdaq saw a lower close as tech stocks fell after Oracle released figures that disappointed Wall Street.