ADVFN US – Market Content Editor
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U.S. Stocks Move Sharply Higher Ahead Of Nvidia Earnings
Stocks moved sharply higher over the course of the trading day on Wednesday, with the major averages all moving to the upside after ending Tuesday’s session mixed. The Nasdaq led the charge amid a rally by technology stocks. The major averages pulled back off their best levels going into the close but remained firmly positive.…
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Crypto This Wednesday: Shopify Integrates Solana Pay, MoonPay Fixes Binance.US Failure, and More
Bitcoin teeters below $26,000 ahead of Jackson Hole Bitcoin (COIN:BTCUSD) briefly dipped below $26,000 with a weekly drop of 10.42% as the market awaits the central bankers meeting in Jackson Hole. At the time of writing, Bitcoin is trading at $26,382,32. Fundstrat’s Sean Farrell suggests Powell’s dovish comments could drive the recovery and notes a possible market…
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Looming Jackson Hole Summit, Nvidia Earnings May Lead To Choppy Trading
US Market The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to extend the lackluster performance seen in the previous session. Traders may remain reluctant to make significant moves ahead of the highly anticipated economic symposium in Jackson Hole, Wyoming, which kicks off on Thursday. The…
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North American Morning Briefing: Nvidia Results to Test AI Frenzy
Market Wraps Watch For: New Home Sales for July; EIA Weekly Petroleum Status Report; Canada Retail Trade for June; Earnings from Nvidia, Peloton Interactive Today’s Top Headlines/Must Reads: – Recession Fears Have Been ‘Blown Out of the Water,’ Long-Serving Fed President Says – Outside Funders Fuel Bankruptcy Lawsuits – Ukraine Hatches Plan to Reopen Black…
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Wednesday’s Wall Street Highlights: Nvidia, Apellis Pharmaceuticals, UPS, AMC, and more
US Index Futures are trading higher in the pre-market session on Wednesday, a day set for the release of a global sector economic activity indicator and ahead of Nvidia’s earnings (NASDAQ:NVDA) and the Jackson Hole symposium, which begins tomorrow. As of 06:46 AM, Dow Jones futures (DOWI:DJI) were up 71 points or 0.21%. S&P 500…
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US Futures, European Stocks Rise as Focus Shifts to Powell Speech, Nvidia Earnings
In the U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.5% in morning trading. Roche Holding Part. Cert. added 4.1% and Rotork rose 3.2%. On…
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Top Company News of the Day: Mining Companies, Anta Sports, NFTs, Hollywood Studios
Mining Companies Look for Treasure in Scrapyards Rio Tinto, Glencore and others seek to burnish their green credentials and gain a competitive edge as energy transition stokes demand for commodities. Anta Sports Shares Rise on Strong First-Half Results Anta Sports Products’ shares rose sharply after the Chinese sports-products maker reported a jump in first-half earnings.…
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U.S. Stocks Turn In Lackluster Performance Following Yesterday’s Rebound
Following the rebound seen over the course of Monday’s session, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent most of the day bouncing back and forth across the unchanged line. The major averages eventually ended the day mixed. While the Nasdaq inched up 8.28…
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Crypto This Tuesday: Coinbase Buys Part of Circle, Phantom Introduces Simplified Solana Login, and More
Coinbase acquires Circle stake, overhauls USDC governance Coinbase (NASDAQ:COIN) announces the acquisition of an equity interest in Circle (COIN:USDCUSD) and the end of the Center Consortium, co-manager of USDC. With the regulatory evolution of stablecoins, the need for Center has reduced. Circle will have full control of USDC, which will expand to six more blockchains. Both companies will…
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Tech Stocks May Lead Extended Recovery On Wall Street
US Market The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to extend the rebound seen over the course of the previous session. Technology stocks may continue to lead the recovery on Wall Street, with the tech-heavy Nasdaq 100 futures jumping by 0.9 percent. Traders may continue…