ADVFN US – Market Content Editor
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US Index Futures Drop Amid Rising Treasury Yields and Inflation Concerns, Oil Prices Increase
U.S. index futures are down in pre-market trading this Wednesday, after the Nasdaq Composite reached a new record in the previous session. Investors are focused on rising Treasury yields and increasing inflation concerns. As of 6:25 AM, Dow Jones futures (DOWI:DJI) fell 219 points, or 0.56%. S&P 500 futures dropped 0.56%, and Nasdaq-100 futures lost…
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Nasdaq Climbs To Another Record Closing High But Dow Sees Further Downside
After moving in opposite directions early in the session, the Nasdaq and the Dow turned in a mixed performance throughout much of the trading day on Tuesday. While the Nasdaq briefly joined the Dow in negative territory in afternoon trading, the tech-heavy index rebounded to end the day at a new record closing high. The…
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Semler Scientific Invests in Bitcoin, Riot Platforms Eyes Bitfarms Acquisition, and More Crypto News
Semler Scientific invests $40 million in Bitcoin Semler Scientific (NASDAQ:SMLR), a company specializing in health products, announced the acquisition of 581 Bitcoins for $40 million, highlighting digital currency as a promising investment and store of value. According to CEO Eric Semler, this strategy aims to protect the company against inflation and capitalize on the potential…
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Tech Stocks May Lead Early Uptick On Wall Street
The major U.S. index futures are currently pointing to a modestly higher open on Tuesday, with tech stocks likely to see further upside after leading the markets higher last Friday. Shares of Nvidia (NASDAQ:NVDA) are surging by 3.0 percent in pre-market trading, as the AI darling seems poised to continue to benefit from last week’s…
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iPhone Sales Skyrocket in China, Nvidia Surges in Pre-Market Following xAI Fundraising, and More News
Apple (NASDAQ:AAPL) – In April, Apple’s iPhone sales in China surged by 52% compared to the previous year, recovering from a challenging start to the year. This increase comes despite strong competition from local manufacturers like Huawei. Overall smartphone sales in the country also grew, totaling 22.7 million units. At the upcoming developer conference, Apple…
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U.S. Futures Present Mixed Pre-Market Performance, Oil Prices Surge
U.S. index futures are showing mixed performance in pre-market trading this Tuesday, as investors await the inflation data to be released throughout the week for a better understanding of market prospects. At 6:38 AM, Dow Jones futures (DOWI:DJI) dropped 37 points, or 0.09%. S&P 500 futures rose 0.12%, and Nasdaq-100 futures gained 0.27%. The 10-year…
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Ethereum Nears $4K, Bitcoin ETFs Hold Over 1 Million BTC, and More Crypto News
Bitcoin ETFs reach milestone of 1 million bitcoins held For the first time, Bitcoin ETFs worldwide have surpassed the milestone of 1 million bitcoins held, according to Bold.report. US ETFs lead, with the Grayscale ETF (AMEX:GBTC) holding around 292,000 BTC. Following are BlackRock (NASDAQ:IBIT) and Fidelity (AMEX:FBTC), with significant recent transaction volumes, consolidating the growing…
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Nasdaq Reaches New Record Closing High But Dow Nearly Unchanged
Following the downturn seen over the course of the previous session, stocks showed a strong move back to the upside during trading on Friday. The tech-heavy Nasdaq led the rebound, surging to a new record closing high. The Nasdaq jumped 184.76 points or 1.1 percent to 16,920.94 and the S&P 500 (SPI:SP500) climbed 36.88 points…
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Trading of Ether ETFs Delayed, LINK Performs Well, and More Crypto News
Ethereum ETFs approved but trading still pending The SEC has given the green light to eight Ethereum ETFs from major management firms like BlackRock (NYSE:BLK), Fidelity, and Grayscale. However, the delay in finalizing the S-1 forms, essential for the commencement of trading, might prolong the process. Experts indicate that the sluggishness is due to last-minute…
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U.S. Index Futures Show Pre-Market Gains, Oil Prices Fall
U.S. index futures are up in pre-market trading this Friday after a drop in the three major indexes in the previous session, during which the Dow Jones posted its worst session in over a year. At 06:46 AM, Dow Jones futures (DOWI:DJI) rose 69 points, or 0.18%. S&P 500 futures advanced 0.29%, and Nasdaq-100 futures…