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    Dow closes above 44,000, tech shares stumble as traders eye inflation data

    by skolnes November 12, 2024
    November 12, 2024

    Allison Joyce/Getty Images The Dow closed above 44,000 and the S&P 500 closed above 6,000 for the first time on Monday. Bitcoin soared 8% to hit a record high as …

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    JPMorgan says to watch this market threshold for when the Trump bump in stocks may end

    by skolnes November 12, 2024
    November 12, 2024

    Brandon Bell/Getty Images; iStock; Rebecca Zisser/BI The stock market is hovering near record highs after getting a boost from Donald Trump’s election win. Bonds, meanwhile, have seen a sharp sell-off …

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  • Cryptocurrency News

    Record-breaking bitcoin rally nears $90,000 on Trump boost

    by skolnes November 12, 2024
    November 12, 2024

    By Tom Westbrook SINGAPORE (Reuters) – Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on …

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  • Cryptocurrency News

    Trump could dial back some proposed policies to avoid upsetting a roaring stock market, Wharton professor Jeremy Siegel says

    by skolnes November 12, 2024
    November 12, 2024

    Former President Donald Trump basked in the near inevitability of his return to the White House.Chip Somodevilla/Getty Images Trump could soften his economic agenda to appease investors, Wharton’s Jeremy Siegel …

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  • Cryptocurrency News

    Trump Presidency Puts Markets on Bullish Path

    by skolnes November 11, 2024
    November 11, 2024

    The post-election stock market rally that has been dubbed the “Trump trade” has the potential to extend well into next year, according to some market watchers. Beyond the initial market …

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  • Cryptocurrency News

    Chipotle shareholders sue over fallout from skimping on portion sizes

    by skolnes November 11, 2024
    November 11, 2024

    By Jonathan Stempel (Reuters) – Chipotle Mexican Grill (CMG)was sued on Monday by shareholders for concealing how many of its restaurants were skimping on portions, forcing the chain to spend …

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  • Cryptocurrency News

    Why AbbVie Stock Was Getting Mashed on Monday

    by skolnes November 11, 2024
    November 11, 2024

    Disappointing news from the laboratory weighed on AbbVie (NYSE: ABBV) stock as the trading week kicked off. The company had high hopes for a schizophrenia drug it was developing; however, …

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  • Cryptocurrency News

    Tesla options draw ‘euphoric’ trading as Trump win fires up stock

    by skolnes November 11, 2024
    November 11, 2024

    By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years …

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  • Cryptocurrency News

    2025 Medicare Part B premium increase outpaces both Social Security COLA and inflation

    by skolnes November 11, 2024
    November 11, 2024

    Seniors will have to pay more again for Medicare Part B next year, according to the Centers for Medicare and Medicaid Services (CMS). The standard monthly premium for Medicare Part …

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  • Cryptocurrency News

    Market Update: AJG, GT, TRGP

    by skolnes November 11, 2024
    November 11, 2024

    Market Update: AJG, GT, TRGP Source Link

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