ADVFN US – Market Content Editor
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Nasdaq, S&P 500 Finish Volatile Session Higher But Dow Edges Slightly Lower
Following the lackluster performance seen on Monday, stocks saw considerable volatility over the course of the trading session on Tuesday. The major averages fluctuated as the day progressed, with the Nasdaq (NASDAQI:COMP) and the S&P 500 (SPI:SP500) eventually closing in positive territory. While the Nasdaq rose 52.68 points or 0.3 percent to 16,306.64 and the…
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Crypto: Toncoin Soars on Tuesday, Mango Markets Fraud Trial, and Latest News
Toncoin escalates in the market with innovations in the TON network and partnership with Telegram Toncoin (COIN:TONCOINUSD), the cryptocurrency of The Open Network, has advanced in the digital asset rankings, propelled by network innovations and collaboration with Telegram. TON, associated with the messaging app, announced a partnership with HumanCode for palm-reading identification. This development, coupled…
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Futures Pointing To Modestly Higher Open On Wall Street
The major U.S. index futures are currently pointing to modestly higher on Tuesday, with stocks likely to move to the upside after ending yesterday’s choppy trading session little changed. Early buying interest may be generated in reaction to a pullback by treasury yields, which moved notably higher over the two previous sessions. The yield on…
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U.S. Futures Show Mixed Movement, Crude Oil Prices Inch Up
U.S. index futures show mixed movement in pre-market trading this Tuesday, as Wall Street turns its attention to the imminent inflation data and corporate earnings results. At 06:01 AM, Dow Jones futures (DOWI:DJI) fell 11 points, or 0.03%. S&P 500 futures rose 0.07%, and Nasdaq-100 futures gained 0.15%. The yield rate of 10-year Treasury bonds…
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Tesla Resolves Autopilot Lawsuit, JPMorgan Unveils Potential CEO Successors, and More
Tesla (NASDAQ:TSLA) – Tesla settled a lawsuit regarding a fatal Autopilot accident before the high-profile trial. The company faces legal and reputational challenges amidst promoting autonomous driving technology. Despite Elon Musk’s optimism, critics question the feasibility of self-driving cars. In other news, Tesla founder Martin Eberhard expressed regret over the cancellation of plans for a…
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Marijuana Stocks Up After Banking Reform Progress
Stocks in cannabis companies jumped on Monday because of news on the marijuana banking reform in Congress. Senate Majority Leader Chuck Schumer (D-N.Y.) said that the Senate is on course to pass new cannabis banking rules soon. While this isn’t the first time announcements on progress have been made, only for nothing much to happen,…
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Cannabis Grower Curaleaf Ponders Secondary Europe Listing
Following Germany’s decision to legalize personal use of cannabis, Curaleaf (USOTC:CURLF) is reportedly looking into listing its shares on a European exchange. The Canadian company has been talking to exchanges in Germany and London, among others. However, given current restrictions the company would probably only be able to list on the Frankfurt exchange. An article…
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U.S. Stocks Finish Lackluster Session Little Changed
Following the substantial volatility seen over the final two sessions of the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing narrowly mixed. While the Nasdaq (NASDAQI:COMP) crept up 5.44 points or less than…
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Crypto: Cardano Implements Critical Updates, dYdX Faces Disruption, and More
Cardano prepares for significant updates with Chang and Ouroboros Leios Charles Hoskinson, co-founder of Cardano (COIN:ADAUSD), expresses his excitement for two critical updates: the Chang hard fork and the Ouroboros Leios consensus mechanism, aimed at enhancing the network in response to community demands. The Chang hard fork is a step towards more community governance, granting…
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Looming Inflation Data May Lead To Choppy Trading 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 considerable volatility seen to close out the previous week. A lack of major U.S. economic data may keep some traders on the sidelines ahead of the release of closely…