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Market Snapshot: Dow slides 460 points, Nasdaq sees correction after Powell struggles to cool bond-market jitters

ByadminMarch 4, 2021

2021-03-04 18:37:00 {widget1} Stock benchmarks fell for a third day on Thursday when Jerome Powell, chairman of the Federal Reserve, said he was watching the recent rise in bond yields, but that the expected rise in inflation is unlikely to last this year and that the

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Key Words: ‘Head-smacking craziness’ has reached new heights in today’s markets, says hedge-fund billionaire Paul Singer

ByadminFebruary 27, 2021

2021-02-27 05:02:00 {widget1} & # 39; We believe that in retrospect, the champion of the astonishing madness in the US stock market will be the period that is unfolding now. & # 39; That's billionaire Paul Singer of Elliott Management who suggests the stock

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Market Snapshot: Stock futures edge higher after Tuesday’s intraday rebound

ByadminFebruary 24, 2021

2021-02-24 13:32:00 {widget1} Stock index futures rallied Wednesday as investors prepared for a second day of testimony from Federal Reserve Chairman Jerome Powell after his comments before a Senate panel were credited with helping key benchmarks to hold big losses during

Business

Market Snapshot: Stock futures lower ahead of testimony by Fed’s Powell on economy

ByadminFebruary 23, 2021

2021-02-23 12:26:00 {widget1} Stock index futures tended to be lower on Tuesday, with tech stocks continuing to lead the way down as investors tracked a sharp rise in bond yields and prepared for testimony from Federal Reserve Chairman Jerome Powell on the economic outlook.

Business

Cryptos: Is bitcoin headed to $100,000 in 2021 or is its price ‘unsustainable’?

ByadminFebruary 21, 2021

2021-02-21 03:53:00 {widget1} Bitcoin prices were chopping new records on Wednesday, but where the cryptocurrency is headed from here is an open question. A single bitcoin BTCUSD, + 0.73% hit an all-time high of $ 51,735.38 earlier in the day, according to CoinDesk, and