Tag Archives: Rallies

Gold hit new highs on Tuesday as investors continue to bet that major central banks will start cutting interest rates this year. On Tuesday morning gold futures (GC=F) reached a high of $2,150.50 after April contracts settled at a record $2,126.30 per ounce in the prior session. Tuesday’s intraday spot gold touched a record of $2,141.79 per ounce before paring back gains. The precious metal is considered a safe haven during times of geopolitical tensions and when interest rates decrease. While… Source link

(Bloomberg) — Global stocks retreated and the dollar rose to a one-month high as central bank officials pushed back against bets on aggressive interest rate cuts. Most Read from Bloomberg US futures slid, while the Stoxx Europe 600 index headed for a five-week low. The MSCI Asia Pacific Index lost 1.5%, the most in three months. Two-year Treasury yields rose six basis points to 4.2%. An index of the dollar climbed 0.6%. Banks led equity declines in Europe as JPMorgan Chase & Co. analysts said… Source link

[unable to retrieve full-text content]Google Workers Stage Rallies Against Job Cuts, Low Wages  Yahoo Finance Source link

Stocks were mixed near noon on Tuesday with results out of Walmart and a resurgence in the meme stock rally taking centerstage. Near 11:30 a.m. ET, the S&P 500 was up 0.1%, the Dow was up 0.6%, and the Nasdaq was down 0.3%. Earlier in the session, the S&P 500 and Nasdaq had traded in red figures, with the Nasdaq off more than 1.1% at session lows. Around 11:20 a.m. ET, shares of Bed, Bath & Beyond (BBBY) were halted at least twice for volatility after gaining more than 70% on the day. GameStop… Source link

LAS VEGAS – Jamie Mullarkey left UFC on ESPN 39 with the biggest win of his career, but it didn’t come without some help from the judges and a lot of shots from Michael Johnson. Mullarkey (15-5 MMA, 3-3 UFC) edged Johnson (29-18 MMA, 12-14 UFC) by split decision in their lightweight bout at the UFC Apex, taking scores of 29-28, 28-29 and 29-28 in a brutal, back-and-forth contest. The first round started with both men taking a measured approach, but then it evolved into chaos. Johnson… Source link

(Bloomberg) — Dennis Gartman is telling prospective dip buyers to sell any rallies in US stocks during a bear market that he dates to the start of the year, and expects to last for many months. Most Read from Bloomberg “The bear market started January 5,” the chairman of the University of Akron Endowment told Bloomberg Radio on Monday, referring to a day after the S&P 500 hit an intraday record. “People have to understand that fact, and adjust their trading perspectives and investment… Source link

Odell Beckham Jr. was in street clothes, out with a knee injury. The Los Angeles Rams‘ running game was no better. The whole offense had stalled out, just 52 second-half yards stretched across five drives. Cincinnati led on the scoreboard, the clock was dwindling and a Super Bowl the Rams were favored to win on their own home field was slipping away into a forever loss. Matthew Stafford, his own ankle taped and throbbing after getting rolled up on during a sack, gathered the offense 79 yards… Source link

(Bloomberg) — Most Asian stocks rose Monday after the outcome of Japan’s election bolstered expectations for fiscal stimulus and as all-time highs for U.S. shares encouraged some investor optimism. The yen weakened. Most Read from Bloomberg Equities jumped more than 2% in Japan, where Prime Minister Fumio Kishida’s Liberal Democratic Party defied forecasts by preserving its outright majority. Stocks dipped in China amid data signaling economic weakness due to power shortages, surging… Source link

(Bloomberg) — Bitcoin dropped briefly below $40,000 for the first time since August amid rising criticism from regulators, before rallying as the mood in global markets improved. Most Read from Bloomberg The largest cryptocurrency broke a three-day losing streak, rising 2.9% to $42,132 as of 6:34 a.m. London time on Wednesday. It earlier slid as much as 3.2% to $39,625. Tokens including Ether, Solana and Litecoin were slightly lower over the past 24 hours. Fears of contagion from the debt… Source link

Cryptocurrencies are ending the week on a strong note as bitcoin broke above $48,000 for the first time since May. The world’s largest cryptocurrency is up about 4% over the past 24 hours and could face resistance near $50,000-$55,000 heading into the weekend. On Thursday, Coinbase announced that it will purchase more than $500 million in cryptocurrencies to add to its holdings. The crypto exchange’s CEO, Brian Armstrong, also tweeted that Coinbase will invest 10% “of all profit going… Source link