The US stock market ended lower on Friday as investors assessed Federal Reserve Chair Kevin Warsh’s warning that recent inflation data had not shown enough improvement to alter the underlying trend. The remarks increased expectations for a potential interest rate hike in September. The S&P 500 fell 0.26% to 7,711.05, while the Nasdaq Composite dropped
Strategy Inc. MSTR (formerly known as Microstrategy) shares rose more than 12% on Thursday as Bitcoin broke above the $80,000 level, lifting investor sentiment toward the company, which is often viewed as a leveraged equity proxy for the cryptocurrency because of its large Bitcoin holdings. The Nasdaq Composite was up 1.5%, while the S&P 500
US stocks ended higher on Thursday, with the Nasdaq Composite outperforming the broader market as Nvidia’s strong revenue outlook boosted technology and semiconductor shares. Investors also looked ahead to Federal Reserve Chair Kevin Warsh’s upcoming Jackson Hole speech amid renewed concerns over inflation and interest rates. Nvidia earnings lift technology stocks The Nasdaq Composite gained
Bitcoin (BTC) price is trading in negative territory on Wednesday, holding around $78,000 and struggling to extend its recovery beyond the $80,000 level. The cryptocurrency’s recent strength has been supported by renewed institutional demand and increased activity among large Bitcoin holders, commonly known as whales. However, Bitcoin still faces significant resistance before a sustained recovery
Intel and AMD shares moved higher on Tuesday as semiconductor stocks rebounded alongside a broader recovery in US equities, with falling Treasury yields helping ease pressure on growth and technology stocks. Investors were also looking ahead to Nvidia’s upcoming earnings report, which could provide fresh signals on demand for artificial intelligence infrastructure and the broader
Salesforce shares have extended their rally and are now testing a key resistance zone as traders turn their attention to Wednesday’s earnings report. CRM has climbed into the $210 area this week, a level that lines up with the stock’s high point back in June, making it a natural spot to watch for how price
Crypto tokens associated with President Donald Trump are plunging this weekend as his approval rating sinks to a new low. Official Trump (TRUMP) meme coin dropped to $2.488, down by 32% from its highest level on Saturday. WLFI and TRUMP tokens have slumped Similarly, the WLFI token dropped to $0.057, down sharply from the weekend
The Dow Jones Industrial Average rose nearly 1% on Friday as US stocks recovered from a sharp sell-off in the previous session, while investors continued to monitor elevated Treasury yields, oil prices and tensions in the Middle East. The S&P 500 and Nasdaq Composite also gained, although all three major indexes ended the week lower
Ethereum continued its strong rally Friday as institutional inflows, renewed derivatives activity, and whale accumulation supported prices following a historic wave of short liquidations. ETH has climbed approximately 25% since Wednesday, pushing above several major technical indicators and bringing the $2,431 resistance level into focus. Ethereum’s rally comes as Bitcoin added 21% to its value
The United States has reached a debt milestone that highlights one of the biggest economic challenges facing Washington: the government is borrowing at a pace that is becoming increasingly difficult to sustain. Total US debt outstanding reached $40.047 trillion on Tuesday, according to the Treasury Department’s latest daily cash and debt balances statement. The figure