Category: Latest News

Bitcoin ETFs see large inflows following Trump victory and record high Bitcoin (COIN:BTCUSD) rose by 1.35% over the last 24 hours, reaching $76,665.65, surpassing its previous record following Donald Trump’s election win. Investors are now eyeing a potential 25-basis-point rate cut by the Fed, with traders seeing a high probability of the reference rate falling…

Labor productivity in the U.S. increased by slightly less than expected in the third quarter, according to a report released by the Labor Department on Thursday, while unit labor costs rose by much more than expected. The Labor Department said labor productivity shot up by 2.2 percent in the third quarter after surging by a…

The major U.S. index futures are currently pointing to a modestly higher open on Thursday, with stocks poised add to the substantial gains posted over the two previous sessions. Stocks may continue to benefit from optimism about what a second Donald Trump presidency will mean for the markets and the U.S. economy. Overall trading activity…

U.S. index futures rose in Thursday’s pre-market session following Donald Trump’s victory, which sent the Dow Jones up over 1,500 points yesterday. Investors are watching for the Federal Reserve’s interest rate decision, with CME Group’s Fed Watch tool showing a 100% probability of a rate cut. Corporate earnings, jobless claims data, and wholesale inventories will…

Trump victory propels US stock market and Bitcoin to new highs Donald Trump’s victory spurred a significant surge in US stocks, with the Dow Jones up 1,429 points at the time of writing and the S&P 500 projected to increase 15% by 2025, according to UBS’s Solita Marcelli. Investors are betting on less regulation and…

The major U.S. index futures are currently pointing to a sharply higher open on Wednesday, with stocks likely to extend the rally seen in the previous session. The substantial upward momentum on Wall Street comes as former President Donald Trump has been declared the winner in the presidential election versus Vice President Kamala Harris. Claiming…

U.S. index futures surged in pre-market trading on Wednesday, driven by expectations of a Donald Trump victory and Republican control of Congress, which could benefit companies through his tax cut and tariff agenda. Trump reportedly secured 270 electoral votes, though other networks have yet to call the race. Sectors like banking and healthcare led gains,…