ADVFN US – Market Content Editor
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U.S. Stocks Extend Upward Trend With Another Strong Day
Stocks moved mostly higher over the course of the trading session on Monday, adding to the strong gains posted last week. The major averages showed a lack of direction early in the session but climbed firmly into positive territory as the day progressed. The major averages surged going into the final hour of trading, with…
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COO of Ava Labs’ X Account Hacked; Babylon to Launch Bitcoin Staking; Tether Expands USDT to Aptos, and More
HashKey Group Becomes First Web3 Partner for Telegram Mini App Catizen HashKey Group has formed a partnership with the Telegram Mini App Catizen, becoming the platform’s first Web3 partner. The collaboration will allow HashKey Global to offer regulated digital asset services to Catizen users, focusing on the TON blockchain infrastructure. Ben El-Baz from HashKey highlighted…
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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 show a lack of direction following the rally seen in the previous week. Traders may be reluctant to make significant moves following recent volatility in the markets, which saw the markets fall sharply early this month…
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U.S. Index Futures Mixed, Oil Prices Dip
U.S. index futures are mixed in pre-market trading on Monday following a week of solid gains on Wall Street, driven by positive economic data and renewed optimism. Investors are cautiously awaiting Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole this week as the market seeks clues about the future direction of interest rates. As…
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FuboTV Soars 12% After Venu Sports Block, Goldman Sachs Lowers U.S. Recession Odds, BHP Ends Chile Strike
FuboTV (NYSE:FUBO), Walt Disney (NYSE:DIS), Fox Corporation (NASDAQ:FOX) – A U.S. judge temporarily blocked the launch of Venu Sports, a new sports streaming service backed by Disney, Fox, and Warner Bros Discovery. The decision came after FuboTV alleged antitrust practices by the media giants that could harm competition and inflate prices for consumers. Fubo’s shares…
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Nasdaq, S&P 500 Move Higher For Seventh Consecutive Session
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Friday. The major averages climbed more firmly into positive territory after bouncing back and forth across the unchanged line in early trading. The major averages pulled back off their best levels late in…
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NYSE and Nasdaq Pull ETF Options Requests, 75% of Bitcoins Remain Inactive, MakerDAO Halts WBTC Loans
New York Stock Exchange and Nasdaq withdraw crypto ETF options listing requests The NYSE and Nasdaq International Securities Exchange have withdrawn three requests to list options for Bitcoin and Ethereum ETFs, according to recent regulatory filings. These withdrawals follow a pattern of applications and adjustments surrounding crypto ETF options in the U.S. Exchanges are striving…
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New Residential Construction, Building Permits Down
New residential construction in the U.S. saw a steep drop in the month of July, according to a report released by the Commerce Department on Friday. The report said housing starts plunged by 6.8 percent to an annual rate of 1.238 million in July after jumping by 1.1 percent to a revised rate of 1.329…
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Profit Taking May Lead To Initial Pullback On Wall Street
The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to give back ground following the substantial rally seen in the previous session. Traders may look to cash in on some of the recent strength in the markets, which saw the Nasdaq and the S&P 500 close higher…
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U.S. Stock Futures Rise Amid Investor Optimism, Oil Prices Dip but Head for Weekly Gains
U.S. stock futures edged higher in pre-market trading on Friday, indicating a recovery week. Investor optimism was fueled by consecutive gains in the S&P 500 and Nasdaq, positive retail sales and jobless claims data, and expectations of interest rate cuts. At 5:08 AM ET, Dow Jones futures (DOWI:DJI) rose 51 points, or 0.13%, S&P 500…