Author: Fernanda T
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Thursday’s Wall Street Highlights: Amazon, Intel, NRG Energy, Novo Nordisk, and more
US Index Futures extend a three-day streak of declines after a rally in technology stocks, which had been supporting the market, ran out of steam. By 7:24 AM, Dow Jones futures (DOWI:DJI) was down 113 points, or 0.33%. S&P 500 futures were down 0.32%, while Nasdaq-100 futures were down 0.41%. The 10-year Treasury yield was at 3.746%.…
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Crypto This Wednesday: BTC Jumps, Jerome Powell Emphasizes Stablecoin Oversight, And More
Jerome Powell Highlights Oversight of Stablecoins as “Form of Money” US Federal Reserve Chairman Jerome Powell has stated that the regulator considers stablecoins to be a “form of money” and believes that central banks should oversee them. He made this statement during a hearing in response to Congresswoman Maxine Waters, who questioned whether stablecoin issuers should…
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Wednesday’s Wall Street Highlights: MSG Entertainment, FedEx, Tesla, Hewlett Packard and more
US Index Futures were lower in premarket trading on Wednesday, weighed down by investors’ caution in anticipation of Powell’s speech, scheduled to begin at 10:00 AM. Powell will be able to clarify, to investors, the outlook for monetary policy in the second half of this year, after saying, the previous week, that Fed members foresee further…
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Crypto This Tuesday: Cardano Launches Node 8.1.1, EDX Markets Starts Operations, and More
Binance Confirms Bitcoin Lightning Network Integration for Deposits and Withdrawals Cryptocurrency exchange Binance has confirmed its intention to join the Bitcoin (BTC) Lightning Network for deposits and withdrawals. Binance will join other major exchanges such as Bitfinex, Kraken and OKX that have already implemented the technology. The crypto community has spotted Binance nodes on the network, and…
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Tuesday’s Wall Street Highlights: Airbus, Intel, Grab, Alibaba, FedEx and more
US Index Futures pull back on the return of yesterday’s US holiday. By 6:44 AM, Dow Jones futures (DOWI:DJI) was down 122 points, or 0.35%. S&P 500 futures were down 0.37%, while Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield was at 3.775%. On the international scene, China lowered its key interest rates to stimulate the economy. Producer…
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Crypto This Monday: UK Regulates Cryptocurrencies In Law, Etherscan Embraces AI, And More
UK passes bill to regulate cryptocurrencies UK MPs have passed a bill that could regulate cryptocurrency as an activity in the country. The Financial Services and Markets Bill has passed the House of Lords and will move into the final stages before becoming law. The bill, more than 340 pages long, seeks to give regulators greater control…
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…
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Crypto This Thursday: BlackRock Plans to Launch BTC ETF, New York Banned CoinEx, and More
BlackRock Plans to Launch Bitcoin ETF Amid Regulatory Investigations BlackRock (NYSE:BLK) is close to applying for a bitcoin ETF, using offline storage solution Coinbase Custody and market data from the cryptocurrency exchange, according to CoinDesk. This decision comes amid regulatory investigations into the cryptocurrency industry in the US. CoinEx banned from operating in New York and…
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Thursday’s Wall Street Highlights: Adobe, MicroVision, XPeng, Tesla, Citigroup and More
US Index Futures are operating at lows, still under the effect of signals from the Federal Reserve yesterday that new interest rate hikes are yet to come, and before the decision of the European Central Bank for the interest rate in the Euro Zone. By 7:00 AM, Dow Jones futures (DOWI:DJI) was down 73 points,…
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Crypto this Wednesday: Binance ceases operations in Cyprus, Crypto Community on Reddit breaks record, and more
Bittrex in the US authorized to withdraw after court decision Bittrex customers in the US will be able to withdraw their assets after a court ruling. The cryptocurrency exchange had declared bankruptcy in May, but the US Department of Justice has opposed efforts to restore access, citing unpaid fines for sanctions violations. The court order allows looting…