A defiant US stock market opened to significant gains on Tuesday, brushing off bearish portents about declining corporate earnings. Bitcoin, meanwhile, continues to endure a painstaking search for a bottom as it seeks to bring its longest-ever bear market to a definitive close.

Defiant Dow Extends Early-Week Rally Shortly after Tuesday’s opening bell, the Dow Jones Industrial Average had gained 99. 61 points or 0. 39 percent. The S&P 500 and Nasdaq also extended their gains, rising 0. 24 percent and 0. 41 percent, respectively. On Monday, the Dow clawed back from an early-morning decline to mount a more than 175 point or 0. 7

The post Dow Blasts Higher While Bitcoin Endures Painstaking Search for a Bottom appeared first on CCN

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