Dow Jones up 200 points on strong retail sales, Netflix leads

U.S. stocks rallied as consumer confidence remained strong, but lingering inflation fears continue to put pressure on the markets.

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Dow jumps 330 points as S&P 500 logs strong weekly gain 

The S&P 500 rose 0.7% Friday, closing out a strong week as investors looked past weak consumer sentiment data and persistent inflation concerns. The index posted a 5% gain for the week, its best since November 2023, as tech stocks…

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Crypto news today: Bitcoin tops $95K, stocks rally despite analyst’s ‘blind market’ warning

Bitcoin traded above $95,400 Tuesday, showing resilience despite economic concerns. US stocks (S&P 500, Nasdaq +0. 55%) also continued their recovery from early April tariff fears. Consumer confidence hit lowest since May 2020; JOLTS job openings missed estimates.

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Toncoin, Notcoin, Celestia rises as July US inflation drops

Annual consumer prices retreated in August, raising hopes that the Federal Reserve will start cutting interest rates in its September meeting. Cryptocurrencies and U. S. stocks continued rising on Wednesday, Aug.

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MAGA, DOG, BONK prices drop as GameStop stock fall hits meme coins

GameStop stock (NYSE:GME) price drop has had a profound impact on the meme coins, leading to widespread declines in meme coin prices. While GameStop Corp. is a renown American video game, consumer electronics, and gaming merchandise retailer, its stock among the meme stocks which is the reason as to why its price movement correlate with […]

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Why is crypto down today? CPI anticipations may be one factor

The crypto ecosystem witnessed bearish sentiment ahead of the U.S. Consumer and Price Index (CPI) report while stocks closed a green day. According to data provided by CoinGecko, the global crypto market cap declined by 2.1% in the past 24…

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Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data

BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

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Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot

It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.

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Solana, Cardano Tokens Slide Over 9% as Cryptos See Weakness Amid Poor US Consumer Data

Bitcoin lost support at $30,000 as Chinese technology stocks sold off on Thursday amid earnings worries a day after hawkish comments from the U.S. Federal Reserve.

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Bitcoin, Stocks Fall on Inflation Pacing 2008

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Macro Market Impact: Bitcoin, Stocks, Gold, and USD Reacts Ahead of FOMC Meeting

While PPI, just like the consumer price index, had its historical increase, retail sales figures actually fell in May, indicating the economy isn’t that hot. Markets are eagerly awaiting Fed chair Jerome Powell’s post-meeting news conference to decide where to next.

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Equities: Will Early Trends in Select Sectors Last?

Information technology, health care, and consumer discretionary stocks that outperformed in the last decade have done well in the first four months of 2020.

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If You’re Crazy Enough to Play The Stock Market, Staples Are Your Best Shot

As the coronavirus crisis is causing deep shocks to the stock market, consumer staples stocks are acting as the best defense. The post If You’re Crazy Enough to Play The Stock Market, Staples Are Your Best Shot appeared first on CCN.com

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Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy

Warren Buffett' Berkshire Hathaway has moved into defensive stocks while trimming banks and consumer discretionary stocks. Should investors be concerned about recession? The post Warren Buffett’s Stock Moves Warn of Looming Recession for U.S. Economy appeared first on CCN.com

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Tesla Stock Leads Nasdaq Rally – 2 Factors Supercharging the Recovery

By CCN: As major US stocks mount a massive comeback following Fed Chair Jerome Powell’s dovish comments, the Nasdaq is roaring into recovery mode. Curiously, the tech stock leading the march higher is the much-maligned Tesla (TSLA), up more than 7% on the day.

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Breaking: Dow Holds Gains as FOMC Minutes Confirm Dovish Turn for Fed

The Dow held onto gains Wednesday afternoon following the release of the Federal Reserve policy meeting minutes, which confirmed the central bank’s intent to pause interest-rate hikes. DOW HOLDS GAINS, NASDAQ TURNS RED The Dow Jones Industrial Average rose 61 points, or 0.

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Op Ed: Cryptocurrency’s Unrealized Opportunities for U.S. Tax Professionals

The market for cryptocurrency tax services is growing rapidly, and it is providing forward-thinking tax professionals with an opportunity to capture oversized profits.

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Report: Cryptocurrencies Should Be Governed by Current EU Financial Laws

The Securities and Markets Stakeholder Group (SMSG) has released a new report suggesting that the European Securities and Markets Authority (ESMA) recommend to the European Commission that it regulate the cryptocurrency space with existing legislation rather than instilling new rules and laws.

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Signs That The Bitcoin Bulls Are Ready To Break Out

Here are a few of the most significant signs that the bulls are getting ready to break out and stampede on the markets. Five years ago, the industry didn’t have as many investors as we see today and most mainstream media wouldn’t have given any crypto related news the light of day.

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[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts

Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix.

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Intercontinental Exchange to Introduce Bakkt, a Crypto Payment System for Retailers

This November, cryptocurrency users will be introduced to Bakkt, a new company designed to give millions of retail merchants the chance to buy, sell and trade digital currencies — and even buy a cup of coffee.

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