undefined It is unclear exactly why supporters have decided 20 April, which is also International Weed Day, will be celebrated as ‘doge day’. Photo: Getty Images Bitcoin and ethereum on Tuesday extended price declines that began last week, while Dogecoin maintained its rally on what supporters have dubbed ‘DogeDay’. Bitcoin (BTC-USD) was down 4.6% to trade at $54,763.19 (£39,152.67) by 9.20am in London. Ethereum (ETH-USD), the second largest cryptocurrency, was down around 5.3% to… Source link
Read More »European stocks sink after Fed and Reddit drive Wall Street sell-off
People enter a GameStop store in Alhambra, California on January 27, 2021. Photo: FREDERIC J. BROWN/AFP via Getty Images European stock markets opened lower on Thursday, as a sell-off on Wall Street overnight prompted weakness in equity markets globally. The Dow Jones (^DJI) closed down 2% on Wednesday, its biggest one-day fall since October. The slump came after a downbeat assessment of the economy from the US Federal Reserve and amid a highly unusual battle between retail investors and hedge… Source link
Read More »Stocks retreat from record highs, tech stocks sink
Stocks fell Monday morning as investors took a pause following last week’s record-setting rally. The S&P 500 dipped 0.8% after touching a fresh record closing high on Friday. The Dow dropped by more than 200 points, or 0.8%, while the Nasdaq underperformed and fell more than 1% as tech stocks came under pressure. Last week, stocks had kicked off 2021 on a strong note even amid last week’s violent protest at the U.S. Capitol, as markets looked through the near-term political turbulence and… Source link
Read More »Nasdaq futures sink 2% as investors brace for possible Blue Wave
TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ A new year, a new addition to the stock portfolio – what can make more sense than that? The right time to buy, of course, is when stocks are priced at the bottom. Buying low and selling high may be a bit hackneyed, but it’s true, and truth has staying power.But the markets are up. The NASDAQ rose 43% in 2020, and the S&P 500 showed a gain of 16%. With a market environment like that, finding stocks that are caught in… Source link
Read More »Stocks sink as concerns over new virus strain in UK, restrictions weigh
Stocks fell sharply Monday, tracking declines in European and Asian equities as concerns mounted over a new infectious strain of the coronavirus identified in the UK. The Dow shed more than 200 points, or 0.8%, while the S&P 500 dropped about 1% around market open. Stocks poised to benefit from an economic reopening – including airlines, cruise lines and lodging firms – fell Monday morning, unwinding some of the gains made over the past month amid rising vaccine optimism. The CBOE… Source link
Read More »Stocks sink as U.S., Europe battle virus resurgence
Stocks pointed sharply lower Monday as new data showed a jump in COVID-19 cases in both the U.S. and Europe. Restrictions tightened across major countries overseas, raising the specter of a further pullback in business operations and deeper anchor on global economic activity. Shares of companies set to benefit from a broader economic reopening including airlines like American Airlines (AAL), cruise lines including Norwegian Cruise Line Holdings (NCLH) and hotels like Wynn Resorts (WYNN) sank…. Source link
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