Dow Surges 200 Points after Congress Plays Ball on Wall, But Bitcoin Price Slinks Lower

2019-2-12 16:48

Dow futures pounded more than 200 points higher and US stock market traders collectively breathed a sigh of relief ahead of Tuesday’s open after congressional negotiators announced that they had reached a tentative deal to avoid a second costly partial federal government shutdown.

The bitcoin price, on the other hand, flipped red as the crypto market failed to maintain last week’s bullish momentum. Dow Pounds Higher as Congress Moves to Avoid Second US Government Shutdown As of 8:41 am ET, Dow Jones Industrial Average futures had surged by 200 points or 0. 8 percent, implying an opening bell leap of about

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