News with the tag "US stock market"

Bitcoin and other risk assets are facing a sharp downturn as investor sentiment weakens amid growing US recession concerns. The stock market has also plunged, reflecting fears over Trump’s tariff policies and broader economic instability. Analysts warn of slower economic growth, inflationary pressur...

A seasoned trader and analyst is warning that the future appears perilous for altcoins as the US stock market flashes worrying signs. The trader pseudonymously known as The Flow Horse tells his 9,120 Telegram subscribers that with the exception of Bitcoin ( BTC ), crypto assets could be at the “begi...

The Dogecoin price crashed to as low as $0.31 this week and is still at risk of losing the psychological $0.3 level. This price decline is due to several factors, including developments on the macro side. Why Did The Dogecoin Price Crash To $0.31 CoinMarketCap data shows that the Dogecoin price is d...

On Wednesday, the Federal Reserve, the central bank of the United States, announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC) regarding interest rates. According to the Fed’s FOMC Statement, although progress has been made on cutting inflation, it still remai...

On 27 November 2024, the U.S. Bureau of Economic Analysis (BEA) released its “Personal Income and Outlays” report for October, revealing steady income growth, modest consumer spending increases, and inflation that continues to exceed the Federal Reserve’s long-term target. These figures are key to u...

U.S. stocks pulled back on Tuesday, November 12, 2024, with all major indices closing in negative territory despite some notable bright spots in the technology sector. The Dow Jones Industrial Average led the decline, dropping 382.15 points, or 0.86%, to close at 43,910.98. The S&P 500 fell 17.36 po...

The Nasdaq Composite hit a fresh record high on 29 October 2024, buoyed by optimism around major tech earnings and an easing of tensions in the Middle East. The tech-centric Nasdaq gained 0.7%, crossing the 18,700 mark, with the S&P 500 up 0.2%. Meanwhile, the Dow Jones Industrial Average lagged, di...

On Monday, in an interview on CNBC’s “Squawk on the Street,” Tom Lee, Head of Research at Fundstrat Global Advisors, offered a compelling analysis of why the stock market has continued its upward momentum. Lee, who has recently raised his target for the S&P 500 to 6,000, explained the underlying fac...

On October 14, Michael Kantrowitz, the chief investment officer at Piper Sandler, joined CNBC to share his thoughts on the U.S. stock market. He provided a nuanced view of the current market, acknowledging that although stock prices are expensive, this should not be a reason to become overly bearish...

On 8 October 2024, famed global macro hedge fund manager Hugh Hendry posted a thought-provoking message on the social media platform X, discussing Bitcoin’s place in the broader financial landscape and warning of potential dangers in traditional financial markets. Hendry’s commentary compared Bitcoi...