By Tina Bellon (Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday. Bitcoin, the world’s biggest and best-known cryptocurrency, is now up 16.7% from this year’s low of $17,592.78 on June 18, when it tumbled on investor worries about growing troubles in the crypto industry and amid a general pull-back from riskier assets. Andrew Brenner, head of international fixed income at National Alliance Securities, on Sunday… Source link
Read More »Moderna Climbs as S&P 500 Set to Welcome Covid Vaccine Maker
(Bloomberg) — Moderna Inc. climbed more than 6% in extended trading Thursday after the vaccine maker was named to the S&P 500 Index in one of the most noteworthy additions to the index since Tesla Inc. joined late last year. The company, whose messenger-RNA vaccine has helped to fight the Covid-19 pandemic, will replace Alexion Pharmaceuticals Inc. in the benchmark U.S. index before the opening of trading on July 21. Alexion is set to be acquired by U.K. drugmaker AstraZeneca Plc. Shares of… Source link
Read More »Bitcoin Climbs Above $53,000 as Musk Backs Crypto Over Cash
TipRanks 2 “Strong Buy” Penny Stocks That Could Rally Over 100% Bank of America has a strong reputation for keeping finger on the pulse of the financial world – and one of its key tools is the Global Fund Manager Survey, conducted monthly and seeking opinions from more than 200 hedge fund, mutual fund, and pension fund managers who hold a combined $645 billion in AUM. It’s the largest regularly conducted survey of its kind. And BofA most recent findings show that Big Money is feeling… Source link
Read More »Tech Leads Gains in Stocks; Crude Oil Climbs: Markets Wrap
(Bloomberg) — Markets started the week in the green, with tech shares climbing and investors continuing to focus on the U.S. administration’s $1.9 trillion Covid-19 relief plan. Futures on the Nasdaq 100 Index added almost 1%, outperforming contracts on the Russell 2000 Index of small-cap shares. GameStop Corp. extended its extreme rally, surging 46% in premarket trading. In Asia, Chinese internet firm Tencent Holdings Ltd. jumped 11%, the biggest gain since 2011, as mainland traders… Source link
Read More »Oil Climbs With Vaccine Optimism Lifting Broader Markets
GlobeNewswire Global Masterbatch Market – Analysis By Product, End-User, Polymer, By Region, By Country : Market Insights, Covid-19 Impact, Competition and Forecast (2020-2025) Executive Summary The Global Masterbatch Market valued at USD 12. 05 billion in the year 2019 by value and 7219. 23 thousand tonnes by volume has been witnessing unprecedented growth.New York, Nov. 17, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Masterbatch Market – Analysis… Source link
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