Stocks Fall Pre-Bell Ahead of Key Inflation Data; Asia, Europe Down
The benchmark US stock measures were tracking in the red before Friday's open as traders await the p
InvestCloud unveils private-markets account offering
Using InvestCloud's APL platform, the PMA provides a centralised point for holding, and rebalancing alternative investments.
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
The smooth economy that Donald Trump was poised to inherit suddenly looks a bit rockier — with critics saying the president-elect is contributing to the uncertainty. The Federal Reserve now sees inflation as staying stubbornly elevated as it has become cautious about further interest rate cuts planned for next year. On Wednesday, Trump blew up a bipartisan budget deal, which means the government could shut down after midnight Saturday.
Bitcoin Crashes Below $100K After Fed Shock Move: Athletes Embrace Crypto, Scams Spike, and States Make Bold Bets
As the Federal Reserve's rate cut and revised inflation outlook send bitcoin tumbling below $100K, the cryptocurrency market faces widespread sell-offs. Simultaneously, groundbreaking athlete endorsements, a surge in phishing scams, and legislative moves like Ohio's Bitcoin Reserve Act highlight crypto's pendular behavior.
Spot Bitcoin ETFs See Record Withdrawals as CME Futures Premium Signals Weaker Demand
The exchange-traded funds lost a record $671.9 million as bitcoin extended post-Fed losses below $100,000.
Bitcoin Slumps as Trump Euphoria Gives Way to Wariness on Fed
(Bloomberg) -- Bitcoin extended its slide from this week’s record high to almost 15% as hawkish signals from the Federal Reserve prompted traders to sell an asset that has more than doubled this year. Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalRescuing a Little-Known Modernist Landmark in BuffaloThe original cryptocur
Investors hope for US stock market trifecta in 2025 after back-to-back boom years
Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming president Donald Trump. The benchmark S&P 500 is up over 23% year-to-date, even with a recent speed bump, and is on pace for its second straight year of gains exceeding 20%, lifted by megacap tech stocks and excitement over the business potential of artificial intelligence. Investors are more confident about the economy than this time a year ago, with consumers and businesses having absorbed higher interest rates and the Federal Reserve now lowering them - albeit by not as much as hoped.
Stock Market Today: Stocks tumble amid political chaos in Washington
Political chaos in Washington has stocks on pace for their worst week of the year.
Long-Term Bitcoin Holders Have Sold 1M BTC Since September: Van Straten
Bitcoin is at the biggest discount to its record high since the U.S. election.