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Closing for the stock market was tempered today by news of President-Elect Biden’s plan for a nearly $2 trillion stimulus package. Not to mention the current impeachment news that has shaken up the entire country. The Dow Jones fell 0.57% to close at 30,814.26. The NASDAQ fell 0.87% to close at 12,998.50 and the S&P
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The stock market saw a drop across the board today with all three major New York stock exchanges showing a decrease over the day. The Dow Jones saw a drop of 0.22% to close at 30,991.52. The NASDAQ dropped 0.12% to 13,112.64 and the S&P 500 fell 0.38% to close at 3,795.54. STOXX Europe, on
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Exchange-Traded Funds (ETF) have been on a roll as investors look to diversify their investment portfolios. The diversified nature of these investment vehicles has proved to be highly reliable and resilient amid the elevated volatility levels in the market. Bond ETFs in Focus Capital inflows into exchange-traded funds have continued to edge higher as investors
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In something that has become a cliche for many who have scoffed at cryptocurrency before, Bitcoin has entered bear-market territory as in the last 48 hours it has dropped at least 20%. Bitcoin has always been known as volatile and has a history of massive price swings both up and down over its history. It’s
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Tesla Inc. (NASDAQ:TSLA) means business in pursuit of growth opportunities in the vast Chinese electric car market. The electric vehicle giant is expanding its Gigafactory in the city of Shanghai with the construction of new buildings. The tech giant also plans to appoint a new design director, tasked with leading the Chinese arm of the
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Monday morning saw investors start their day by moving toward more conservative options with futures for precious metals like gold bouncing around as the global stock markets saw decreases and BitCoin, the modern rival to gold had a major price correction after a rally to $40,000. Also the United States dollar remained buoyant and may
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It’s the end of the road for social networking app Parler as tech giant’s ramp up pressure and censorship on apps, forums and platforms at the heart of fuelling tensions and hate speech. Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc.(NASDAQ:AMZN), and Alphabet Inc. Class A (NASDAQ:GOOGL) have banned the app on their respective stores over claims it
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Following yesterday’s chaos at the Capital, it seems the stock market is coming back up as we head into the weekend. The Dow Jones finished up 0.18% to close at 31,097.97. The NASDAQ closed up 1.03% to finish at 13,201.98 and the S&P 500 closed up 0.55% to finish at 3,824.68. STOXX Europe also saw
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Supposed to be one of the safest places on earth, the U.S capitol turned out to be a battleground pitying the police and President Donald Trump supporters. The rioters prevailed be it for some time after gaining access to congress as part of a futile push to overturn the November 23 presidential election outcome. As
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Bitcoin’s meteoric rise to record highs of $39,000 has propelled the overall cryptocurrency market cap to over $1 trillion. The milestone came on Bitcoin rallying by more than 8% in line with the bullish momentum in the overall cryptocurrency sector. Cryptocurrency $1 Trillion Milestone Even as Bitcoin raced to record highs, other cryptocurrencies also registered
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The stock market showed some mixed results today with the Dow Jones and the S&P 500 coming in up but the NASDAQ coming in on a low. The Dow Jones closed up 1.44% to close at 30,829.40. The NASDAQ closed down 0.61% to finish at 12,740.79 and the S&P 500 closed up 0.57% to finish
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It appears that measures to protect the public from the coronavirus pandemic hit back at private employers at the end of 2020 as private sector employment fell in December and cases, hospitalizations, and deaths from the coronavirus grew across much of the country. Employers who are active in the private sector were caught with dropping
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The first major business transaction of 2021 was set in motion on Wednesday morning as Walgreens Boots Alliance Inc., the company that owns Walgreens pharmacies, announced that it has decided to sell a majority of its Alliance Healthcare business to the pharmaceutical product and services provider AmerisourceBergen Corp. in a $6.5 billion deal. The transaction
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Coinbase is the latest crypto player to find itself embroiled in a tricky lawsuit over the sale of unregulated securities. The U.S-based crypto exchange is to stand trial for allegedly receiving commissions on XRP coins’ sale on its platform. Coinbase Sued According to the lawsuit lodged by Thomas Sandoval, the crypto exchange went forth and
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The U.S real estate sector has shrugged off the shocks triggered by the COVID-19 pandemic to cap one of the finest runs amid a challenging macro environment. Contrary to expectations, the pandemic has fueled activities in the sector as health concernstriggered the digitization of the home buying process. Pandemic Triggered Home Buying As remote-working took
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The market is trending back up again, though it’s unclear just what might be pushing things in a positive direction. The Dow Jones rebounded up 0.24% to close at 30,409.56. The NASDAQ closed up 0.15% to finish at 12,870.00 and the S&P 500 closed up 0.13% to finish at 3,732.04. On the other hand, STOXX
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