Here’s Why the Dow Misread Manufacturing Data and Why It Could Come Crashing Down

2019-12-19 00:39

The Dow could give up its recent gains as economic data will likely take a hit as Boeing shuts down production of its MAX planes. The post Here’s Why the Dow Misread Manufacturing Data and Why It Could Come Crashing Down appeared first on CCN.com

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Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level

Despite Bitcoin’s recent bearish condition and low market sentiment, the majority of Bitcoin holders are still in profit, according to data from the crypto analytics platform IntotheBlock. Just over 59 percent of addresses hold Bitcoin bought with an average purchase price below $7,470, putting them “in the money” on unrealized gains even after the cryptocurrency’s […] The post Majority of Bitcoin holders are still in profit, $6,649 could be BTC’s key support level appeared first on CryptoSlate.

2019-10-25 12:30


Dow Rises Defiantly as Dismal Manufacturing Data Threaten Economy

The Dow plodded toward a moderate gain on Thursday after the index emerged unscathed from another batch of third-quarter corporate earnings reports. The stable earnings helped fortify the Dow against more dismal manufacturing data, which could spur more Federal Reserve interest rate cuts but may also presage an economic slowdown or even a full-blown recession.

2019-10-24 16:38