TagS&P 500

Dow Jones Makes a Comeback After Opening Bell Selloff; Cryptocurrencies Immune from the Chaos

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U.S. stocks opened the year firmly on Wednesday, as fears of a slowing Chinese economy rippled across the financial markets. The major indexes have since recovered the bulk of their declines with the Dow Jones Industrial Average rebounding more than 300 points from the intraday low. Cryptocurrencies were largely immune from the chaos in traditional markets, as capital poured back into the...

Dow, Nasdaq Futures Prep for New Years’ Plunge -- is China to Blame?

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Dow Jones Industrial Average futures portended a weak opening to the 2019 trading session on Wednesday, as the US stock market extended a downturn that saw the Dow, Nasdaq, S&P 500, and other major indices post their worst yearly returns since the 2008 financial crisis. Nasdaq, Dow, S&P 500 Futures All Take Major Pre-Market Losses After falling as much as 401.46 points during pre-market...

Year of the Bear: Making Sense of the Bitcoin, Stock Market Downturns

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The sell-off in US stocks which began in October is establishing 2018 as the worst year the market has encountered in a decade. As of December 28, the S&P 500 index was down about 7 percent on the annual and 15 percent from its high. Other indexes, including the Dow Jones and the Nasdaq, also recorded their worst financial quarters. The Wall Street Journal reported that, in short-term, some...

Newsflash: Bitcoin Price Pops Higher as Dow, S&P 500 Erase Pre-Market Gains

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The bitcoin price and the wider cryptocurrency market made a fevered leap back toward their recent highs on Friday, shaking off Thursday's substantial sell-off while the Dow Jones Industrial Average, S&P 500, and other US market indices fell back into decline. Bitcoin Price Makes another Run at $4,000 Bitcoin had been languishing near the $3,600 level for most of the day after dipping as low...

Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street

Following a wild week on Wall Street, the US stock market looks poised to extend its latter-week recovery following the opening bell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq futures indices all pointing north as of the time of writing. Dow Seeks to Extend Recovery Dow futures had risen 111 points to 23,264, or 0.48 percent at the time of writing, followed closely...

Newsflash: Dow Futures Plunge after Wednesday’s Record Stock Market Rally

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The US stock market doesn't look poised to extend Wednesday's record-setting after-Christmas rally, with S&P 500, Nasdaq 100, and Dow Jones Industrial Average futures all portending sharp declines on Thursday morning. On Wednesday, the three prominent Wall Street indices had broken out of their recent slump to post major gains, bolstered by bullish data on holiday consumer spending, strong...

Bitcoin Price Significantly Outperforming the S&P 500 in December

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In December, traders' investment in the cryptocurrency market has been comparatively better than what it was on Wall Street, as demonstrated by the relative performance of the Bitcoin price and S&P 500 index. S&P 500 Slumps Below Bitcoin Price on 30-Day Chart Bitcoin underwent an impressive bullish correction after falling almost 85% from its all-time high near $20,000. The price at the...

Newsflash: Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps

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The US stock market may be in dire straits relative to its early-year performance, but don't call it a recession yet. Bolstered by strong showings from the retail and energy sectors, the Dow Jones Industrial Average and S&P 500 each posted stellar post-Christmas rallies, even as the bitcoin price slumped several percentage points to headline a generally-sluggish day for the cryptocurrency...

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