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The Dow Jones climbed more than 300 points on Wednesday. Wall Street shrugged off some weaker than expected ADP jobs data. Economists at IG believe low rates and optimism are fueling the stock market’s disconnect from reality. The Dow Jones continued to rally mid-week despite a considerably worse than forecast ADP employment data.
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The new feature by Huobi comes at a time when Bitcoin is experiencing a heightened system activity that is anticipated to trigger a bigger bull run than the previous one.Through a press release published on August 31, Huobi Futures announced that it would launch Bitcoin (BTC) options for trading on
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The Dow Jones rallied 120 points Friday. Jerome Powell’s push to boost inflation weighed on the U.S. dollar. Coca-Cola stock boomed despite announcing 4,000 layoffs. The Dow Jones rose on Friday as a weak U.S. dollar helped to buoy risk sentiment. Economists at ING are pessimistic about the upcoming August jobs report. Dow Rises
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Dow futures traded narrowly lower on Wednesday after the index snapped a three-day winning streak on Tuesday. Some Federal Reserve officials are growing concerned a “double-dip” recession could batter the U.S. economy. Fed Chair Jerome Powell has a plan – but will it be enough? U.S. stock futures diverged on Wednesday, mirroring their
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The Dow Jones fell on Tuesday, even as the wider stock market rallied. Consumer confidence missed expectations by a significant margin, though the U.S. housing market remains strong. Exxon Mobil, Pfizer, and Raytheon Technologies are all being booted out of the Dow. The Dow Jones tumbled on Tuesday after U.S. consumer confidence plunged
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After five years of development, Cardano will launch the Shelley mainnet today at 21:45 UTC. The weekend saw a
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While Tesla is coming closer to the announcement of its Q2 earnings results, Elon Musk is approaching his another big payout day.Tesla Inc (NASDAQ: TSLA) CEO Elon Musk stands to receive a second set of stock options worth $2.1 billion. It comes as Tesla has consistently had a market capitalization
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On Thursday, July 16th, the quotations of the BTC renew local lows after another failure to overcome the resistance line of the descending channel. It seems that market participants regard the level of $9000 as the main support line and will test it.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisBitcoin
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SiriusXM has revealed its $325 million acquisition of Stitcher. Though SIRI stock fell in response, today its price is increasing.SiriusXM (NASDAQ: SIRI) has announced its recent purchase of podcast company, Stitcher. On July 13, SiriusXM signed an agreement with Stitcher’s parent company, E.W. Scripps, worth $325 million. At that price,
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Cryptocurrency markets and bitcoin price stability might be coming to an end soon, as a number of skeptics and speculators expect a big move after today’s options derivatives contracts expire. Bitcoin prices have been less volatile during the last three weeks, but over 114,000 bitcoin options with a notional
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