U.S. stocks finished sharply lower on Wednesday, as investors assessed economic data on the housing market amid concerns over rising interest rates and economic growth in 2023. How stock indexes trade...
Tag: Points
Dow Jones Rises, But Tesla, Moderna Lead Growth Sell-Off; 5 Stocks Near Buy Points
Dow Jones futures tilted lower after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally showed divergent action Tuesday, with the Dow rallying, the Nasdaq slumping and ...
Congress just approved 401(k) and IRA changes that affect workers across generations. Here are the key points to know
Saving for retirement just got a little bit easier. Congress approved big changes that can help 401(k) and IRA savers put a little more money away for their futures. A series of new laws—known collect...
Top Stocks Hit New Highs As Egg Producer And Biotech Stock Exceed Buy Points
Egg producer Cal-Maine Foods (CALM) broke solidly into its buy zone Friday while biotech MannKind (MNKD) is near the top of its buy zone. Both stocks hit new highs this week in spite of the stock mark...
Dow Plunges Over 700 Points As ‘New Risks’ Fuel Recession Fears
Topline The stock market tumbled on Thursday after strong economic data fueled concerns the Federal Reserve may push interest rates higher than previously expected in order to help cool inflation—reve...
Crypto Analyst Predicts Relief Rally for Ethereum, Reveals Entry Points for One Low Cap Altcoin
Closely followed crypto analyst Michaël van de Poppe says that Ethereum (ETH) is gearing up for a relief rally after months of consecutive downward action. The popular analyst tells his 643,000 Twitte...
Dogecoin: >$280M exchange wallets as trader points to “the same pattern”
The biggest Dogecoin whale moved over $280 million worth of DOGE. DOGE was unable to breakout from decline as famous trader predicted more reds. The address with the largest Dogecoin [DOGE] holdings t...
Should you buy or sell the S&P 500 index after failing to hold above 4,000 points?
2022 turned out to be the year of central banks tightening their monetary policy. Even the last major central bank that did refuse to tighten gave up today, as I wrote here. When central banks embark ...
ECB Raises Interest Rates by 0.5 Basis Points to Curb Inflation
12 seconds ago | 2 mins read Bitcoin News European Central Bank’s benchmark interest rate will rise to 2% from 1.5%. The bank has signaled that it plans to increase interest rates further. The Europea...
Dow Plunges Almost 800 Points After Retail Sales Post Biggest Drop In Nearly A Year
Topline The stock market fell for a second straight session on Thursday after data showed retail sales are deteriorating more quickly than experts projected—fueling concerns the nation could be headed...
Dow Jones Dives 700 Points After Jobless Claims, Retail Sales; Tesla Hits New Low On Musk Sales
The Dow Jones Industrial Average sold off more than 700 points Thursday after U.S. jobless claims and retail sales data were released. The stock market threatened to add to Wednesday’s Federal R...
Dow Plunges 900 Points After Retail Sales Post Biggest Drop In Nearly A Year
Topline The stock market fell for a second straight session on Thursday after data showed retail sales are deteriorating more quickly than experts projected—fueling concerns the nation could be headed...
Dow Plunges 700 Points After Retail Sales Post Biggest Drop In Nearly A Year
Topline The stock market fell for a second straight session on Thursday after data showed retail sales are deteriorating more quickly than experts projected—fueling concerns the nation could be headed...
Swiss central bank lifts interest rates by 50 basis points to counter ‘further spread of inflation’
The Swiss National Bank hikes interest rates again. FABRICE COFFRINI / Contributor / Getty Images The Swiss National Bank increased its benchmark interest rate Thursday for the third time this year, t...
Crypto Market Plummets Post 0.50 Basis Points Interest Hike by Fed
14 seconds ago | 2 mins read Bitcoin News The Federal Reserve of the United States increased interest rates by 0.50 basis points. Just like U.S. equities, the majority of the crypto market fell shortl...
Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points
The Fed raised interest rates by 50 basis points (bps) following the Dec. 14 Federal Open Market Committee (FOMC) meeting. This brings the Federal Funds Rate to 4.25-4.5%. Bitcoin reacted with an imme...
Kevin O’Leary Points Finger At Binance For FTX Crash In Senate Testimony
Topline Shark Tank investor Kevin O’Leary, formerly a spokesperson for the now bankrupt and disgraced cryptocurrency exchange FTX, continued to evangelize about the potential of cryptocurrencies durin...
BTC Declines Following FOMC News on 50 Basis Points Rate Hike
The US Federal Reserve (Fed) announced an interest rate hike of 50 basis points. The price of Bitcoin plummets following the announcement. After four consecutive 75 basis point hikes, the Fed slowed d...
Fed Hikes Rates By 0.50 Percentage Points As Inflation Falls
(Photo by Robert Alexander/Getty Images) Getty Images Key Takeaways Inflation was up just 0.1% in the month of November, bringing the headline annual rate to 7.1%, down from 7.7% last month. Today the...
Fed Hikes Rates by Only 50 Basis Points, but Remains Hawkish
Key Takeaways The U.S. central bank announced today that it was increasing the federal interest rates by 50 basis points. The decision brings rates to a range between 4.25% and 4.50%. The Fed’s decisi...
Bitcoin slips below $18,000 as Federal Reserve raises interest rates by 50 basis points
The U.S. Federal Reserve raised the federal funds rate by 50 basis points, increasing it to a range of 4.25% to 4.5%, the highest since 2007. Today’s interest rate decision was largely exp...
U.S. Fed lifts rates by 50 basis points
The U.S. Federal Reserve just delivered its well-telegraphed 50 basis points increase in interest rates – a day after the consumer prices were reported to have eased further to 7.1% in November. That ...
Bitcoin’s bear market is far from over, but data points to improving investor sentiment
It’s been a near-unprecedented year of extremes and black swan events for the crypto market, and now that 2022 is about to wrap up, analysts are reflecting on the lessons learned and attempting ...
Larry Cermak Points Out Irony After Unknowingly Leaking Secret Loans Received By The Block CEO From SBF
– Advertisement – Cermak jokes about accidentally leaking details of secret loans from Alameda to The Block CEO as SBF sponsorship of The Block comes to light. VP of Research at The Bloc...
Market Rally Ends Losing Streak, Nvidia Jumps; 5 Stocks Near Buy Points
Dow Jones futures rose slightly in extended trading, along with S&P 500 futures and Nasdaq futures. Lululemon, Costco and Broadcom reported earnings after the close. X The stock market rally rebou...
Top EU regulator points out crypto opposes regulation
European commissioner for financial services Mairead McGuinness said that some actors in the crypto space are opposing regulation — but they are only true to crypto’s cypherpunk origins. McGuinness sa...
Dow Falls 350 Points After Big Bank CEO Warns Of ‘Bumpy Times Ahead’
Topline The stock market extended an early week selloff on Tuesday as fears of an impending recession intensified with big bank CEOs warning of tougher economic times ahead and companies continuing to...
Dow Falls 500 Points As Experts Debate Whether Stock Market Will Crash Again Soon
Topline The stock market fell Monday as investors debated whether the bear market rally that pulled major indexes up as much as 20% from October lows has finally come to an end, with some predicting t...
Dow Jones Sells Off 350 Points After Economic Data; Tesla Skids On Plans To Cut Production
The Dow Jones Industrial Average sold off 350 points Monday after a host of November economic data, including the PMI composite, the ISM services index and factory orders. China stocks resumed their r...
Trader Joe’s Loyalty Program Has Nothing To Do With Points Or Perks
Trader Joe’s is a benchmark of value that other retailers (not just grocers) should aspire to reach. getty If you’ve shopped at a Trader Joe’s grocery store, you are familiar with their combination of...
Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes
U.S. stocks ended well off session lows but still fell sharply, after a round of upbeat economic data and a warning from hedge-fund titan David Tepper that he was “leaning short” against both stocks a...