BTC price fell to $21.000 as Stocks sank amid fears of new aggressive interest hikes The S&P 500 and the Nasdaq index slumped, and the BTC prices declined by 6% to below $22.000. Today in the opening session Tech stocks declined and posted a 2.07% decrease by the end of the evening. The crypto market […] More
The S&P 500 and Nasdaq opened lower on Wednesday as investors worried about an economic slowdown. The Nasdaq is up by 23% from June’s 16% low. The tech-heavy giants have performed very well in the past few weeks. Today, the tech giant’s index opened lower, recording a 1% decline in the tech-heavy index. The S&P […] More
The U.S. gas prices declined by 20% this month, encouraging consumers and improving their sentiments. After releasing a better-than-expected CPI report, Wall Street stocks in the United States rose for the third day in a row. Today, Routers reports noted that the U.S consumer’s sentiment jumped higher than expected in August. According to the White […] More
The S&P 500 climbed to its highest level since May after a better-than-expected CPI print report. In recent days, Tesla CEO Elon Musk has said that inflation has peaked and we will see declines in food and energy prices in the next half year. Today the consumer price index came to support Elon’s view on […] More
Wall Street wavers after a strong July jobs report. After the US Bureau of Statistics released July job reports on Friday morning, Wall Street gained some traction. The S&P 500, Nasdaq, and Dow have all lost ground in the last three days as tensions between China and the United States have risen. The visit to […] More
The visit of US House Speaker Nancy Pelosi to Taipei Taiwan might start another war amid fears of tightening supply chain disruption. The tension between Taiwan and China escalated to a threatening level after Nancy visited Taiwan. The Chinese forging minister stated that the US House Speaker’s visit to Taipei was a valuation of China’s […] More
Wall Street extended its gains, and the U.S has begun an economic dialogue with Japan regarding the semiconductor industry Nasdaq and S&P extended rebounds this Friday morning, the tech-heavy Nasdaq index rose by 0.6%, and S&P increased by 0.55%. The Dow Jones indexes saw a minor increase estimated at 0.2%. Despite inflationary pressure, labor shortages, […] More
Tech stocks led today’s gains days before the FED’s big meeting decisions. The Wall Street stock market rallied back after Tuesday’s losses due to Walmart’s disappointing second-quarter earnings results. Tech stocks led today’s gains, and the tech-heavy Nasdaq index jumped by 2.46%. The S&P 500 gained 1.47%, while the Dow Jones Industrial Average gained 0.58%. […] More
Wall Street bounced back as fears of a 100bp Fed interest hike grew, living the housing market’s future bearish Major corporations came in positively after releasing the second quarter financial reports. Despite the inflationary pressures and the aggressive interest hikes, the Wall Street index ended today’s session positively, erasing the past week’s losses. Hours after […] More
Wall Street posted gains after a positive second-quarter earnings report despite market slowdown concerns. Between all that’s going on, the highest inflation increase since 1981. The war between Russia and Ukraine and the Euro’s alarming fall meant that Wall Street ended today with significant gains. Earlier this week, the Bureau of Labor Statistics released the […] More
The June nonpayroll report beats all expectations by adding 372.000 new jobs in June. The combat against inflation continues, and Wall Street heads into its five days of winning this week. Today, the treasury bond market is declining, and Wall Street indexes are waffling to avoid losses. Yesterday the labor department released the weekly jobless […] More
The June nonpayroll report beats all expectations by adding 372.000 new jobs in June. The combat against inflation continues, and Wall Street heads into its five days of winning this week. Today, the treasury bond market is declining, and Wall Street indexes are waffling to avoid losses. Yesterday the labor department released the weekly jobless […] More