ADVFN US – Market Content Editor
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U.S. Stocks Give Back Ground But Still Post Substantial Gains For The Year
Following the lackluster performance seen in recent sessions, stocks fluctuated over the course of the trading session on Friday before ending the day mostly lower. The major averages showed a lack of direction in early trading but slid more firmly into negative territory as the session progressed. Despite an afternoon recovery attempt, the major averages…
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Crypto: Selling Pressure and Option Expiry Impacting BTC and ETH, OKX Delisting Shaking Privacy Coins, and More
Selling pressure and option expirations mark eventful week for Bitcoin and Ethereum This week saw selling pressure among Bitcoin miners, with reserves hitting their lowest level since May, reflecting a steady decline since October. Currently, reserves are at about 1.832 million BTC, with around 3,000 bitcoins sold in the last 24 hours. The market value…
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Nvidia Releases Chip to Comply with China Export Restrictions, HG Vora Seeks Board Seats at PENN, and More
In the pre-market of the last trading day of 2023, the U.S. index futures show a slight increase, with Wall Street nearing the end of a profitable year and possibly hitting a new record. The S&P 500 is close to a new all-time high, reflecting a strong rise in the last months of 2023. This…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. Viaplay Group Series B added 2.1% and Samhaellsbyggnadsbolaget rose 1.9%. On the other…
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Top Company News of the Day: Huawei, Luxshare, Boeing, Suntory
The New Star on the Political Scene: The Chip Industry Increasing attention from politicians is posing opportunities and challenges for tech companies that have become part of a geopolitical conversation. Huawei Expects 9% Revenue Growth This Year Huawei Technologies projected that its revenue grew about 9% in 2023, reflecting the company’s return to a more…
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Crypto: Mining Stocks Eclipse BTC in 2023, Ethereum PoS Revamped by Vitalik Buterin, and Latest Trends
Possible approval of a Bitcoin ETF could lead to a ‘news-driven sell-off,’ according to a report A report from CryptoQuant suggests that the approval of a spot Bitcoin ETF could trigger a “news-driven sell-off.” With Bitcoin recovering above $40,000, many holders are sitting on unrealized profits, historically a precursor to price corrections. Miners are also…
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U.S. Stocks Close Little Changed As Choppy Trading Persists
Stocks turned in a lackluster performance during trading on Thursday, extending the choppy trading seen throughout much of the week. The major averages eventually ended the session narrowly mixed. While the Nasdaq edged down 4.04 points or less than a tenth of a percent to15,096.14, the Dow inched up 53.58 points or 0.1 percent to…
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Global Oil Markets Fluctuate Amid Middle East Tensions and Prospects of Monetary Easing
Oil futures prices fell about 1% on Thursday, as tensions disrupting maritime transport in the Red Sea eased. However, the conflict in the Middle East is worsening. The Danish shipping company Maersk reported that it has scheduled several dozen container ships to travel through the Suez Canal and the Red Sea in the coming weeks…
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Wall Street Highlights: Amazon to Introduce Ads on Prime Video, JD.com Raises Salaries in 2024, and More
In the pre-market on Thursday, U.S. index futures show mixed performance ahead of the last two trading sessions of the year, with a focus on the possibility of the S&P 500 reaching a record high. At 05:20 AM, Dow Jones futures (DOWI:DJI) fell 38 points, or 0.10%. S&P 500 futures rose 0.04%, and Nasdaq-100 futures…
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US Futures Flat, European Stocks Up as Rate-Cut Optimism Boosts Mood
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. Vestas Wind Systems climbed 2.7% and Samhaellsbyggnadsbolaget rose 2.7%. On the other hand,…