ADVFN US – Market Content Editor
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U.S. Stocks Close On Mixed Note Again; Technology Stocks Rebound
U.S. stocks closed mixed on Tuesday after a cautious session, as investors looked ahead to the release of some crucial U.S. data, including a report on consumer income and spending, for more clarity about the outlook for Federal Reserve’s interest rates. Among the major averages, the Dow (DOWI:DJI) settled with a loss of 299.05 points…
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Nubank Adopts Bitcoin Lightning Network, Solana Introduces Link-Based Transactions, and More Crypto News
Nubank expands services by partnering with Lightspark to integrate Bitcoin Lightning Network Nubank (NYSE:NU), the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and Universal Money Addresses into its platform. This collaboration aims to offer fast and low-cost transactions between Bitcoin (COIN:BTCUSD) and fiat currencies. The initiative…
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Metropolitan Home Prices, Consumer Confidence Reports Due
Standard & Poor’s is scheduled to release its report on home prices in major metropolitan areas in the month of April at 9 am ET. At 10 am ET, the Conference Board is due to release its report on consumer confidence in the month of June. The consumer confidence index is expected to dip to…
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Futures Pointing To Another Mixed Performance On Wall Street
The major U.S. index futures are currently pointing to a mixed open on Tuesday, as the Dow futures are down by 0.2 percent but the Nasdaq futures are up by 0.4 percent. U.S. stocks ended mixed on Monday as investors stayed largely cautious ahead of some crucial economic data, including a report on personal income…
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U.S. Index Futures Mixed Following Tech Sell-Off, WTI and Brent Crude Dip Slightly
U.S. index futures showed mixed results in Tuesday’s pre-market, following a tech sector sell-off the previous day, resulting in the Nasdaq Composite’s worst performance since April. Investors are focusing on financial results from Carnival and FedEx, along with a series of economic indicators to be released throughout the day. At 6:54 AM, Dow Jones futures…
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SolarEdge Stock Falls 13%, Wegovy Approved in China, Grail Nasdaq Debut, Apple Rejects Meta Chatbot
SolarEdge Technologies (NASDAQ:SEDG) – SolarEdge Technologies faces a 13.1% drop in pre-market trading after announcing the issuance of $300 million in senior convertible notes due 2029 and revealing that PM&M Electric, a customer owing $11.4 million, has declared bankruptcy under Chapter 7. Novo Nordisk (NYSE:NVO) – Novo Nordisk announced the approval of Wegovy in China,…
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U.S. Stocks End Mixed After Cautious Session
U.S. stocks ended mixed on Monday as investors stayed largely cautious ahead of some crucial economic data, including a report on personal income & spending due later in the week. Among the major averages, the Dow closed higher, extending gains to a fifth straight session. The index ended up by 260.88 points or 0.67 percent…
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Bitcoin Drops to $60,000, Mt. Gox to Reimburse Creditors in July, Riot Platforms Board Restructures
Bitcoin drops to $60,000, lowest level in over a month The price of Bitcoin (COIN:BTCUSD) continued its decline, reaching a low of $59,668.41 on Monday. The cryptocurrency is down 4.5% at the time of writing, trading at $60,330.90. This is about 17% below its March record. Cryptocurrency investments have seen significant outflows in the past…
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to extend the lackluster performance seen during last Friday’s session. Traders may be reluctant to make significant moves ahead of the release of some key U.S. economic data later in the week. On Friday, the Commerce Department…
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U.S. Index Futures Show Mixed Results, Oil Prices Edge Lower
U.S. index futures show mixed results this Monday, with markets entering the last week of June and the first half of 2024 near highs. Investors are focused on the release of the Personal Consumption Expenditures (PCE) index on Friday, the Federal Reserve’s preferred inflation gauge for guiding interest rate decisions. At 6:31 AM, Dow Jones…