Dow Risks Snapping Three-Day Win Streak as Bond Yields Dive

The Dow Jones risked snapping its three-day winning streak after bond yields resumed their punishing slide. | Source: Shutterstock By CCN Markets: The Dow and broader U.S. stock market all turned lower on Tuesday, as heightened geopolitical tumult drove investors out of equities and into the perceived safety of government bonds. Dow Slides; S&P 500, […]

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Dow Hits Insane High & Wall Street Owes It All to the Fed

The Dow and broader U.S. stock market set new highs on Wednesday, as investors shrugged off geopolitical tensions ahead of Independence Day. While there was no immediate catalyst for the rally, the Federal Reserve’s dovish policy shift continues to offer fuel for the record-setting pump. Dow Hits New Highs; S&P 500 Follows All of Wall […]

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Dow Rips Lower After Fed’s Powell Sounds Alarm Bell on U.S. Economy

The Dow and broader U.S. stock market declined sharply on Tuesday, as investors reacted to dovish commentary from Fed chief Jerome Powell that suggested central bankers were becoming ever-more concerned about the economy. Dow, S&P 500, and Nasdaq Sink in a Sea of Red All of Wall Street’s benchmark indexes traded in negative territory on […]

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The Tech Stock Meltdown Is Just Getting Started Amid Antitrust Knockout

By CCN: We’re halfway to a bear market, at least for tech stocks. On Monday, it was a FANG bloodbath as the tech-heavy NASDAQ index skidded nearly 2 percent lower. It’s now down ten percent from its recent record highs. But don’t rush to buy the dip. Things could get a whole lot worse for […]

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Memorial Day Shuts Stock Markets but You Can Still Trade Bitcoin

By CCN: US stock markets shut their doors on Monday 27 to observe Memorial Day, in honor of the men and women who lost their lives serving their country. Traders will take a much-needed breather as the Dow Jones Industrial Average careens towards the longest weekly losing streak in eight years. Thus far in May, […]

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Nasdaq Leads $20 Million Funding Round for Blockchain Startup Symbiont

Enterprise blockchain startup Symbiont has closed a $20 million Series-B funding round led by Nasdaq Ventures with participation from Galaxy Digital, Citi, Raptor Group and others. The firm, which has kept a fairly low profile the last two years as the cryptocurrency market’s gyrations overshadowed the enterprise sector, previously raised a combined $15.4 million from […]

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Wall Street Banks Revolt Against Bitcoin Futures Contracts Launch

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Wall Street banks are hitting back at the upcoming bitcoin futures contracts, claiming that the finance system isn’t ready with continuing rising prices. It seems that each new day is bringing a new bitcoin price. Earlier today, it was reported that the […]

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