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  • Feb 17, 2025

Stock market today: European stocks mostly down, while China's technology stocks rally

European shares opened lower Tuesday, while Chinese technology stocks surged after Chinese President Xi Jinping met with entrepreneurs this week in what is seen as a show of support to the technology industry. Hong Kong's Hang Seng rose 1.59% to 22,976.81, while the Shanghai Composite was down 0.93% to 3,324.49. Japan's Nikkei 225 was up 0.25% to 39,270.40 after Japan's economic growth for the fourth quarter beat forecasts.

  • Feb 17, 2025

Oil prices give up early gains as uncertainty reigns over supply

Oil lost early gains on Tuesday and prices were back near their previous close in the face of uncertainty over how supply will be affected by Ukraine-Russia peace talks, international trade tariffs and OPEC+ crude output. Brent crude futures were down 4 cents at $75.18 per barrel by 1406 GMT, retreating from $76.07 earlier in the session. "Day trading and short-term flows are ruling the fate of oil prices at present."

  • Feb 17, 2025

Milei Denies Wrongdoing in His First Defense of Crypto Debacle

(Bloomberg) -- President Javier Milei spoke out for the first time about a cryptocurrency scandal that’s dented his reputation in Argentina, triggering lawsuits and even calls for his impeachment.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisProgressive Portland Plots a ComebackPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaA Filmmaker’s Surreal Journey Into His Own Private WinnipegHow to Build a Neurodiverse CityMilei confi

  • Feb 17, 2025

Should You Buy Bitcoin If There's a Dip Soon?

Let's evaluate the case for whether Bitcoin is a coin that's always worth buying on the dip, or whether it's a better idea to keep your cash when it isn't performing well. There's no law of the universe that says Bitcoin's price has to go up again after it falls significantly -- though it has tended to so far. Finally, you can't change anything about those facts, nor can you be certain that buying it is going to be a good rate of return on your capital even over long holding periods.

  • Feb 17, 2025

Fed's Waller: Uncertainty over trade, other policies, shouldn't paralyze rate moves

Federal Reserve Governor Christopher Waller said his "baseline" view is that the Trump administration's new tariffs will have only a modest impact on prices that the central bank should try to look through in setting monetary policy. Uncertainty about the impact of trade or other administration policies, Waller said, shouldn't stall the Fed from acting if it is otherwise appropriate, just as Russia's invasion of Ukraine in 2022 and the collapse of Silicon Valley Bank in 2023 did not prevent the Fed from changing interest rates even though both incidents raised doubts about the economic outlook.

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