U.S. stocks declined on Tuesday, losing ground from record levels ahead of a speech by Federal Reserve Chairman Jerome Powell. Wall Street’s major indices closed Monday’s trading day higher, with the S&P 500 gaining 0.3% and the Dow Jones Industrial Average rising 0.1%, while the NASDAQ Composite rose 0.8% to close at record levels, supported […]
Dollar rises on Trump expectations; euro falls in light of inflation data
The U.S. dollar was moving in early European trading on Tuesday, showing signs of recovering from recent losses, while the euro was losing ground ahead of the release of key inflation data. Dollar gets Trump’s backing; Powell ready to speak out The dollar index has risen as estimates of a second Donald Trump presidency have […]
SEC postpones Ethereum ETF launches to July
The launch of Ethereum (ETH) exchange-traded funds (ETFs) in the United States, originally scheduled for July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has given itself more time to return S-1 forms filed by Ether ETF issuers, postponing […]
U.S. stocks rise; payrolls release is crucial
U.S. stocks rose on Monday, as investors awaited further clues about interest rates from a series of Federal Reserve officials and crucial market readings during this holiday-shortened week. The major indices are poised to start a new week with gains, recovering from Friday’s losses but continuing the positive tone seen last quarter as the second […]
Dollar awaits payrolls; euro rises on French poll results
During the first hours of the European session on Monday, the dollar lost value in anticipation of the employment report, while the euro rebounded after the first round of the French elections. Dollar loses ground ahead of payrolls release The dollar index has been affected mainly by the euro’s strength on Monday, as the single […]
Market Highlights for the Week: Inflation and Employment
Next Friday’s U.S. jobs report will mark the climax of a holiday-shortened week as markets try to clear uncertainty over the exact date when interest rate cuts could begin. Comments from Federal Reserve Chairman Jerome Powell will be closely watched, as will the minutes of the U.S. central bank’s last meeting on Wednesday. Also, elections […]
Ethereum Foundation warns of phishing campaign following mailing list leak
The Ethereum Foundation, the entity in charge of providing technological and community support to the Ethereum network, reported that the mailing list held by the entity has been leaked, so they are alerting the community about possible phishing campaigns in progress. Ethereum Foundation mailing list leaked The information was confirmed by Tim Beiko, developer and […]
U.S. stocks rise, thanks to Nvidia earnings
U.S. stock indices were mostly higher on Wednesday, following a rally in the technology industry led by market favorite Nvidia. Wall Street experienced fluctuations on Tuesday, with the S&P 500 up 0.4% and the NASDAQ Composite up 1.3%, ending three days of declines, boosted by a rebound in Nvidia shares. In contrast, the 30-stock Dow […]
Dollar rises on Fed’s remarks; key inflation data coming up
The U.S. dollar rose on Wednesday, supported by the Federal Reserve’s comments, while falling consumer confidence weighed on the euro. Fed comments support the dollar The dollar received support during Tuesday’s session after Fed Governor Michelle Bowman said the Federal Reserve is likely to hold interest rates steady for some time in an attempt to contain high inflation, […]
U.S. stocks rise; tech sector rebounds after heavy losses
U.S. stock index futures and equities were mostly higher on Tuesday, showing signs of recovery after the general sell-off in technology stocks earlier in the week. Wall Street shows signs of recovery after Nvidia losses The technology sector is showing signs of recovery Tuesday after taking a big hit last session, when the NASDAQ Composite […]