Brazilian Stock Exchange set to launch Bitcoin and Ethereum futures The Brazilian Stock Exchange, B3, is set to launch its first official crypto-related product within the next six months, André Milanez confirmed in a conference call on Monday. Milanez, who is the group’s chief financial officer, said B3 plans to launch “Bitcoin futures in the…
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group’s chief financial officer, André Milanez, made the announcement during a conference call on Monday. Milanez…
Stocks on Wall Street rallied on Friday to cap off another brutal week, with the benchmark S&P 500 suffering its longest weekly losing streak since 2011 amid ongoing worries over the Federal Reserve’s plans to aggressively raise interest rates.S&P 500, Dow, NASDAQ Chart The coming week is expected to be another busy one amid more…
© Reuters By Yasin Ebrahim Investing.com — The Dow rallied Friday, led by tech but was unable to snap its weekly losing streak as uncertainty hangs over the economy amid elevated inflation that is pressuring consumers. The Dow Jones Industrial Average gained 1.5%, or 465 points, the S&P 500 rose 2.4%, and the Nasdaq rallied…
© Reuters By Yasin Ebrahim Investing.com — The Dow ended lower Tuesday after reversing a more than 500-point gain intraday as investors remain wary of making big bets on stocks a day ahead of inflation data. The Dow Jones Industrial Average fell 0.3%, or 85 points, the S&P 500 rose 0.24%, and the Nasdaq gained 1%.…
© Reuters. By Yasin Ebrahim Investing.com — The Dow slumped Monday, as tech and energy led a wave of selling on Wall Street in the wake of growing concerns about an inflation-led slowdown in global growth. The Dow Jones Industrial Average slid 2%, or 653 points, the S&P 500 fell 3.2% to close below 4,000 for…
Stocks on Wall Street tumbled on Friday, capping off another tumultuous week, with the benchmark S&P 500 suffering its fifth straight weekly loss as investors continued to worry about the Federal Reserve’s plans to raise interest rates.Dow, S&P 500, NASDAQ Daily Charts The coming week is expected to be another busy one amid more earnings…
© Reuters. By Yasin Ebrahim Investing.com – The Dow posted its sixth-weekly loss Friday, as a better-than-expected monthly jobs report kept fears about an inflation-led slowdown in the economy front and center at a time when expectations of more aggressive Federal Reserve policy tightening continue to heat up. The Dow Jones Industrial Average slipped 0.5%,…
Stocks ripped higher following the Fed meeting on May 4, but that didn’t last long. The move higher seems to have been premature, reversing gains on May 5. Investors seemed to have refocused their attention on the critical pieces of the meeting: the Fed would be raising rates and, more importantly, as a result tightening…
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