Stock market today: S&P 500, Nasdaq close at record highs as tech surges to kick off December
Investors are looking ahead to a week of labor data that could influence the scope of interest rate cuts.
Bitcoin and Ethereum's Relationship Is Doing Something Not Seen Since April 2021 -- It Could Trigger a Big Move for the World's Second-Largest Cryptocurrency
Cryptocurrencies like Bitcoin (CRYPTO: BTC) have absolutely taken off since Election Day. Investors are betting that a lighter and friendlier regulatory environment under the Trump administration will continue to boost the sector to new highs. Additionally, crypto is getting more exposure than ever before and many view Bitcoin as a potential hedge to inflation, which could still be an issue next year.
Stock market today: Rising tech stocks pull Wall Street to another record
Technology stocks pulled Wall Street to another record amid a mixed Monday of trading. The Dow Jones Industrial Average fell 128 points, or 0.3%, while the Nasdaq composite gained 1%. Super Micro Computer, a stock that’s been on an AI-driven roller coaster, soared 28.7% to lead the market.
Polymarket Bettors Skeptical Over Potential Microsoft (MSFT) Bitcoin Purchase
Shareholders are very likely to turn down the Michael Saylor pitch, Polymarket bettors are predicting.
Revolut boss says listing on London stock market is ‘not rational’
The chief executive of Britain’s most valuable fintech start-up has taken a swipe at the UK stock market saying it is “not rational” to float in London.
Wall Street Short Sellers Throwing In the Towel, Citigroup Says
(Bloomberg) -- Short-sellers are capitulating as the S&P 500 Index keeps hitting record highs and is set for its best year since 2021, according to Citigroup Inc. strategists.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsInvestor positioning in S&P 500 futures is “completely one-sided,” the strategists led by Chris Montagu wrote in a note. It’s “setting new highs for a fourth consecutive week an
Bitcoin Struggles To Surpass $100,000 as Resistance and Economic Factors Weigh on Price
Bitcoin's price has been fluctuating around $97,300 as of Dec. 2, 2024, and is struggling to break past the $100,000 mark.
XRP Surpasses Tether To Become Third-Largest Cryptocurrency, Driven by Regulatory Hopes and Stablecoin Launch
XRP recently overtook Tether (USDT) in market capitalization, becoming the third-largest cryptocurrency, behind Bitcoin and Ethereum.
WisdomTree Files for Spot XRP ETF With SEC, Becoming Fourth Firm To Seek Approval, Following Cryptocurrency’s Price Surge
WisdomTree has filed for a spot XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Ethereum Hits Record $2.2 Billion Inflows in 2024 as XRP Achieves Historic Gains and Bitcoin Declines
Ethereum-based investment products have set a record for 2024, reaching $2.2 billion in net inflows, surpassing the $2 billion high in 2021, according to CoinShares.