Tag Archives: ahead

Bitcoin declined about 5% over the past 24-hours as the price broke below $36,000 support. The world’s largest cryptocurrency by market capitalization is still up about 23% year-to-date, although some traders are concerned about the looming ‘death cross,’ which could indicate a shift from a bullish to bearish price trend. The death-cross is defined by a cross of the 50-day moving average below the 200-day moving average, which could occur over the weekend. Still, some analysts remain… Source link

Stock futures traded slightly higher Tuesday evening as investors looked ahead to a key monetary policy decision from the Federal Reserve. Contracts on the S&P 500 edged up. Earlier, the three major U.S. stock indexes closed out the session lower, with both the S&P 500 and Nasdaq pulling back from record highs logged earlier this week.  Traders are anxiously awaiting the conclusion of the Federal Reserve’s latest monetary policy meeting, which will culminate with a policy statement Wednesday… Source link

Stocks drifted to the downside on Monday in a muted start to the week, as traders awaited a key monetary policy decision from the Federal Reserve.  The S&P 500 ticked down after the index closed at a record high on Friday. The Dow also traded little changed to slightly lower, while the Nasdaq was roughly flat. Treasury yields ticked up, though the benchmark 10-year yield held well below 1.5%.  U.S. stocks are hovering near record levels, powered to fresh highs by a combination of rebounding… Source link

After finishing last week on a high note, with the S&P 500 back in record territory and posting its third week in a row of gains, all eyes are on the Fed. The S&P 500 finished last week at 4,247.44, a gain of more than 8% on the day and up slightly for the week. The Dow Jones Industrial Average, meanwhile, closed higher on Friday but declined slightly for the week. S&P 500, Dow and Nasdaq futures are all trading slightly in the green in early evening on Sunday, as is the oil price. DeMark… Source link

Stock futures opened slightly higher Wednesday evening as traders looked ahead to a key print on consumer price changes, which will help elucidate the path forward for monetary policymakers during the recovery coming out of the pandemic.  Contracts on the S&P 500 rose slightly. During the regular session, the index came within 1 point of its recent all-time high, but ultimately failed to set a new record. Dow and Nasdaq futures were also higher in the after-hours session.  Shares of GameStop… Source link

The meme stock army is showing its support for the OG of the 2021 retail trading movement — GameStop (GME) — ahead of the company’s earnings on Wednesday evening. Shares of GameStop rose as much as 6% to $292 in afternoon trading on Tuesday as fast-money traders positioned themselves prior to the earnings release. GameStop was among the top five most commented stocks on social media, according to data from social monitoring service HypeEquity. Talk on social media of call options on… Source link

Simone Biles won her third title at the U.S. Gymnastics Championships in Fort Worth, Texas on Sunday. (Photo by Jamie Squire/Getty Images) Simone Biles completed a historic weekend in Fort Worth, Texas, with ease on Sunday night — and looks more than ready for Tokyo. Biles won her seventh all-around U.S. Gymnastics Championships title on Sunday with an overall score of 119.950, which gives her the most wins at the event by any woman in American history. Biles surpassed Clara Schroth… Source link

Former President Donald Trump implied he would be making another run for president as he prepares for his first major public event since leaving office. “Next time I’m in the White House there will be no more dinners, at his request, with Mark Zuckerberg and his wife. It will be all business!” Trump said in a statement Friday afternoon after Facebook announced that he would remain banned from the platform for at least two more years. Facebook founder and CEO Mark Zuckerberg. (George… Source link

Stock futures opened slightly higher Thursday evening, ticking up as investors awaited a key print on the U.S. labor market. Contracts on each of the S&P 500, Dow and Nasdaq rose after declining during the regular trading day.  Traders are awaiting the May jobs report out Friday morning, which will offer another look at the strength of the labor market recovery and whether the economy has recovered enough to warrant a pivot in monetary policy stance from the Federal Reserve. Consensus… Source link

TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link