US Stock Market

bitcoin

Bitcoin Exceeds $39,000 for the First Time in Almost Six Weeks

Bitcoin rose more than $39,000 for the first time in about six months as sentiment turned positive after the recent sell-off. According to CoinDesk data, the crypto was trading at around $38,568 at 7:15 a.m. ET Monday that was up almost 13% in the last 24 hours. Bitcoin surged earlier at about 13% hit a …

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Euro rose slightly Thursday. What about other currencies?

Euro Rose Slightly Thursday. What About Other Currencies?

The Euro traded slightly above 3-1/2-month lows against the U.S. dollar on Thursday. Traders are waiting for a potentially momentous meeting of the ECB. Meanwhile, riskier currencies such as the Australian dollar surged forward as a global risk sell-off abated further.  The Japanese yen and the U.S. dollar index soared earlier this week to the …

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Tesla to open Supercharger network to other vehicles

Tesla to Open Supercharger Network to Other Vehicles

According to Elon Musk, Chief Executive Officer of Tesla, the company plans to open its network of superchargers to other electric vehicles this year. As we know, Tesla’s network of D.C. fast-charging stations for its electric vehicles is the Tesla Supercharger network. The billionaire Elon Musk posted on his Twitter and informed his followers that the firm …

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U.S. Stocks

U.S. Stocks Climbed Despite COVID-19 Delta Variant Concerns

On Wednesday, July 21, U.S. stocks climbed despite fears of surging infections due to the Covid-19 delta variant. An analyst stated that the investor’s decision today is due to an over-correction made yesterday. Last Tuesday, the global stock market, including all of Asia, the EU and the U.S., crashed. Analysts described this as an overreaction …

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bitcoin, Puerto Rico-based Arival Bank Integrates Crypto Exchanges

Bitcoin Crashes Suddenly Under $30,000

Bitcoin and other cryptocurrency prices suddenly dropped lower sharply after weeks of uneasiness. The bitcoin price dropped under $30,000 per bitcoin as smaller cryptocurrencies, including Binance’s BNB, ethereum, Cardano, and dogecoin, reported double-digit rate losses, losing $200 billion in value last week. The sudden bitcoin and crypto decrease matches with a global stock market sell-off. Besides, …

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EU flag waving, european stocks, britain

European Stocks Crash as U.S. Stocks Are Mixed

On Thursday, July 15, all European stocks crashed as Germany and the United Kingdom, the region’s first and second-largest economies, led the losses. At the close in Frankfurt Stock Exchange, both DAX and MDAX Performance Index declined 0.004% or 0.66 points to $15,789 and 0.420% or 145.09 points to $34,776, respectively. The former’s losers were …

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TMN - wall street

Wall Street Down after Hitting Record High, US CPI Rose 5.4%

On Wednesday, July 14, Wall Street was down after hitting record highs. The freshly released U.S. consumer price index accelerated to 5.4%. The sectors in Basic Materials, Consumer Services, and Financial led the stocks to lower. At the close of the New York Stock Exchange, the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite …

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