The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market. According to the data from Glassnode, the average BitcoinRead More →
Reuters. The spread of coronavirus disease (COVID-19) in New York City By Medha Singh and Devik Jain (Reuters) – Wall Street won Wednesday with the S&P 500 reaching its highest level in more than four months, following strong quarterly earnings from Goldman Sachs (NYSE:) and early promising data onRead More →
Gold prices on Monday headed to a more than six-year high, as fears of the economic impact of a fast-moving viral outbreak hurt appetite for stocks and powered buying in assets perceived as havens. “The anticipated Wuhan flu contagion triggered sell-off in equity markets will likely drive gold demand outRead More →
© Reuters. Investors look at screens showing stock information at a brokerage house in Shanghai By Hideyuki Sano TOKYO (Reuters) – World stocks inched ahead to a record high on Thursday after the United States and China signed an initial deal to defuse their 18-month trade war, though financial marketsRead More →
Happy Monday, MarketWatchers. Don’t miss these top stories: Personal Finance Amazon CEO Jeff Bezos, worth $117 billion, is getting burned online for only donating $690,000 to Australian wildfire relief Metallica is donating $750,000, and Kylie Jenner is giving $1 million. ‘Real Housewives’ TV mogul wants to broker a deal withRead More →
Oil prices added to gains on Monday, with the benchmarks for crude touching their highest levels in at least 7 months in the wake of Friday’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which has ratcheted up Middle East tensions. West Texas Intermediate crude for FebruaryRead More →
© Reuters. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing By Swati Pandey and Hideyuki Sano SYDNEY/TOKYO (Reuters) – Asian shares inched higher while sterling came off five-month highs in volatile trade on Wednesday as investors lookedRead More →
Lyft Inc. reported better sales than expected in its first quarterly earnings report as a public company Tuesday, but also disclosed massive losses that weighed on the stock until executives said on a conference call that they do see a path to profitability. Lyft LYFT, -2.03% went public in MarchRead More →
© Reuters. Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo By Shinichi Saoshiro TOKYO (Reuters) – Asian shares were steady on Monday as investors took stock of recent data suggesting global growth may be stabilizing, while oil prices spiked on a report theRead More →
© Reuters. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage house in Nanjing By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks hovered below a nine-month peak on Tuesday after disappointing bank earnings dented Wall Street, though recent signs the globalRead More →
In MarketWatch’s new series “The Cost of Things,” our editors break down the hidden pricing structure behind everything from chewing gum to disinfectant wipes. We’re paying a lot to perk up. The number of Americans downing at least one cup of coffee a day is the highest it’s been inRead More →
© Reuters. Pedestrians are reflected on an electronic board showing Japan’s Nikkei average, the Dow Jones average and the stock averages of other countries outside a brokerage in Tokyo By Shinichi Saoshiro and Tomo Uetake TOKYO (Reuters) – Asian stocks edged up to a more than four-month high on Wednesday,Read More →
