People walk through the Financial District near the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. Spencer Platt | Getty Images For investors who want to…
Newly launched bitcoin exchange-traded funds are showing early signs of success, but have yet to reach the level of massive cryptocurrency boost that some bulls expected. The funds began trading on January 11 after receiving approval from the US Securities…
Semiconductor stocks tend to show an upward lead in strong bars. The impressive rally late last week was a case in point, with semiconductor sector indices rising 3% to 4% on Thursday and Friday, comparing favorably to the major indices.…
Its shares have rebounded from last week’s disastrous performance stopper power (NASDAQ: Delivery) They race top right out of the gate this morning. For those who expect that the company has announced something promising – think again. There was no…
Chinaprime minister Li Qiang He called for more effective measures to stabilize his country’s slumping stock market after the mainland’s benchmark CSI 300 index hit a five-year low on Monday. Chinese Stocks They have been sold for most of the…
Fisker Inc. shares rebounded. on Monday after the struggling electric car maker unveiled an agreement with an institutional investor that would free up cash to run the company. CEO Henrik Fisker said: “I am pleased that we have been able…
Here are the biggest calls Monday on Wall Street: Bernstein upgrades Union Pacific and Norfolk Southern to outperform. Bernstein said it sees an attractive entry point for Union Pacific and Norfolk Southern shares. “We view the stock’s recent rally as…
Involved: The Japanese Yen (JPY) continued to trade at weaker levels ahead of the Bank of Japan’s policy update on Tuesday. Economists at MUFG Bank analyze the yen’s outlook. The yen’s performance will be driven by updated guidance…
Involved: The dollar appears to be trading in a supported manner. Economists at ING analyze the outlook for the US dollar. The dollar could remain supported As for the dollar this week, our macro team expects Q4 GDP…
Activity in ProShares Bitcoin Strategy ETF (BITO), the world’s leading Bitcoin futures-based exchange-traded fund (ETF), has slowed significantly since the launch of ETFs that invest directly in the cryptocurrency began trading in the US on January 11. . On Thursday,…