Tag: COMP

European stocks tumble, tracking Wall Street losses, as Fed’s hawkish turn reveberates

European stocks tumbled Friday, with banks and energy companies leading declines, as investors continued to absorb a hawkish turn by the Federal Reserve and Wall...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

Dow books 3rd day of losses, S&P 500 retreats from record as stocks lose ground ahead of inflation update

U.S. stock benchmarks finished lower, losing steam in the session’s final half-hour, ahead of an eagerly awaited inflation report due Thursday, which could set the...

Dow edges lower as investors look for inflation clues

Stocks were mostly a shade lower Tuesday morning, though the tech-heavy Nasdaq Composite held on to a small gain as investors remained wait-and-see mode ahead...

Taper tantrum? Only if somebody wakes the U.S. bond market

Quiet, please, the bond market is sleeping. In February and March , as the U.S. economy began to recover from the coronavirus pandemic, a selloff...

Dow futures rise after May jobs report shows less-than-expected gain of 559,000

U.S. stock-index futures gained some altitude Friday morning, after the May nonfarm payrolls report showed a less-than-expected gain, leading investors to believe that the Federal...

Elon Musk breaks up with bitcoin? Cryptic tweet has some crypto bulls fearing the worst

Crypto bull Elon Musk on Thursday evening issued a cryptic tweet that many in the world of digital assets were interpreting as the billionaire’s breakup...

European stocks headed for fourth-straight monthly win, but softer Asian data, holidays weigh

European stocks were headed for the fourth straight month of gains for May, but the month was winding down on a lackluster note Monday after...

A ‘bloody crypto’ Memorial Day weekend? Some bitcoin bulls are dreading the long U.S. holiday break

Bullish investors in bitcoin aren’t all jazzed about the long U.S. Memorial Day holiday weekend ahead. The sun, the fresh air, barbecues, the first major...

Bitcoin, GameStop and NIO bets turned this flight attendant into a millionaire: Now he’s wagering it all in one final push to $3 million

Don’t invest like Andrew Dawood — you may never be as lucky. The Egyptian-born resident of Dubai turned roughly $50,000 in savings into $1.7 million...

Bitcoin no longer ‘fringe asset’ — stock-market volatility rises after crypto’s ‘extreme’ moves, study says

Like it or not, stock-market traders need to keep an eye on bitcoin prices or risk getting whipsawed when the popular but volatile digital asset...

Crypto investor-protection talk heats up but lawmakers hope to allow buyers to ‘dogecoin to their heart’s content’

A bout of volatility in the past month in the crypto market has helped to reignite a push for increased scrutiny of the nascent digital-asset...

‘Where the crypto market goes from here is completely dependent on the stock market,’ says digital-asset tycoon Barry Silbert

Want to know where the crypto market goes from here? Barry Silbert, a power player in the digital-asset sector, says that investors ought to look...

Bitcoin prices tumble 50% from peak and Mark Cuban calls the crypto crash the ‘great unwind’

Bitcoin prices on Sunday afternoon were in free fall anew, with the world’s No.1 crypto spiraling down more than 50% from a peak in around...

Dow closes higher, but posts another weekly loss in choppy market

The Dow Jones Industrial Average closed higher Friday, while other major benchmarks slipped at the end of a choppy week of trade marked by concerns...

Bitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says former Goldman Sachs alum

After a lackluster start to the week, stock futures are pointing higher, with beaten-down technology names possibly taking the lead. While the Nasdaq Composite COMP,...

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global Inc. said Monday it plans to sell $1.25 billion of convertible debt, the same day its stock closed below its $250 reference price...

What the dogecoin army is saying as the cryptocurrency’s 30% tumble triggers a bearish break in the long-term trend line

A major tumble in dogecoin prices has one of the most popular meme assets in the doghouse with investors on Mother’s Day — at least...

Dogecoin nears 75 cents, then slips as crypto pioneer Silbert seen betting against parody coin ahead of Elon Musk’s ‘SNL’ guest-host gig

Call it the “dogefather” versus the godfather of crypto. Barry Silbert, a power player in the digital-asset sector, said he’s betting against dogecoin DOGEUSD, -7.59%...

U.S. stocks push higher as investors shake off tax jitters

Stocks traded higher Friday, lifted by data indicating an acceleration in private-sector economic activity and another round of red-hot new home sales, after markets dipped...

Which tech stocks can build on pandemic gains? Fund manager Ryan Jacob offers these two names.

Investors learned plenty of lessons from the worst pandemic in more than a century. One of the biggest was that technology companies wouldn’t only survive,...

Dow snaps 3-day win streak and Nasdaq skids 1% lower

Stocks closed lower as Wall Street investors found few reasons to drive equity benchmarks further into record territory after markets ended last week at all-time...

Dow and S&P 500 finish at records, book 4 weeks of gains in a row

The Dow and S&P 500 index closed at all-time highs Friday, extending their recent rallies to four weeks in a row, amid a fresh flurry...

Dow’s close above 34,000 marks most 1,000-point milestones since 2017

Another day, another milestone cleared for the Dow Jones Industrial Average, which on Thursday marked its first close above 34,000 in its history and its...

Tech shares rise but Dow under pressure as U.S. pauses Johnson & Johnson COVID vaccine rollout

U.S. stocks were trading mixed Tuesday morning after U.S. public-health agencies requested a temporary halt in the use of Johnson & Johnson’s one-shot COVID vaccine...