Jonathan Raa | Nurphoto | Getty ImagesCryptocurrencies slid on Tuesday night, with bitcoin dropping back to the $60,000 level after a shaky start to what is usually one of its strongest months.The flagship crypto was last off by nearly 4% at $60,972.62, according to Coin Metrics. Around 4:45 p.m. Eastern time, bitcoin slid to as low as $60,175. Ether last traded at $2,449.83, down more than 5%.Stocks related to virtual currencies also tumbled in extended trading. Crypto exchange Coinbase dropped about 1% and bitcoin proxy MicroStrategy lost 2%, after closing lower by 7.4% and 3.5%, respectively.Stock Chart IconStock chart iconCrypto…
Author: usaeverydaylife
The Athletic has live coverage of the MLB Wild Card Series.You don’t need some pointy-headed baseball writer to tell you that the postseason can be unpredictable. The Arizona Diamondbacks won the pennant last year. Every generation gets their perfect example of a team that rides a wave all the way to the World Series, and the 84-win 2023 Diamondbacks are the best possible example.Unless the team that beat them in the World Series, the Texas Rangers, are an even better example. That team had a bullpen that could allow home runs on their off-days, and it was only getting worse when…
A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024.Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Asia-Pacific markets opened lower Wednesday morning, following a poor start to the trading month on Wall Street that saw major indexes fall amid rising Middle East tensions.Australia’s S&P/ASX 200 opened down 0.3%, while Japan’s Nikkei 225 started the trading day lower by 1.4%. South Korea’s Kospi fell 1% at the open, while the small-cap Kosdaq was down 0.8%.Hong Kong’s Hang Seng index futures were at 20,768, lower than the HSI’s last close of 21,133.68. Markets in Mainland China were closed…
A trader works on the floor of the New York Stock Exchange. Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here’s what CNBC TV’s producers were watching as October’s trading kicked off and what’s on the radar for the next session.OPECOn Wednesday, CNBC’s Brian Sullivan will report on a meeting of the oil cartel.Brent and West Texas Intermediate futures both jumped by as much as 4% on Tuesday before, during and after Iran’s ballistic missile attack against Israel.Even with…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDan Niles, Niles Investment Management founder & portfolio manager, joins ‘Fast Money’ to talk buying opportunities in the current market, investing in China, why he thinks the S&P 500 is overbought, and more. Source link
The Ranmore Global Equity Fund is no stranger to outperformance. Its fund manager, Sean Peche, has a track record in picking winners that have helped the fund beat the S & P 500 over the past two years without owning any of the so-called ” Magnificent Seven ” technology stocks. However, even well-run funds can face significant setbacks, Peche acknowledged. The fund manager identified the U.S.-listed Perion Network as its worst-performing stock investment of the year. “We thought it was the Google AdWords for Bing,” Peche explained, describing their initial assessment of the company. Perion enables advertisers to place ads…
BLAINE, Minn. — Not even 15 hours after having his socks knocked off by a trade that ended his nine-year run in Minnesota, Karl-Anthony Towns strolled onto Field 49N at the National Sports Center, a sprawling youth soccer complex that was playing host to over 300 teams from across the Upper Midwest for the Fall Cup. He had a promise to keep.Wearing a green Timberwolves hat and a black Timberwolves shirt, he stood in the corner of the field under an unseasonably hot late-September sun and watched an under-12 girls game while still wrapping his head around the Timberwolves having…
The U.S. Federal Reserve made a big interest rate cut to kick off its first easing cycle in four years. What does this mean for fixed income? Since the Fed started hiking rates four years ago, cash has poured into short-term money markets such as Treasury bills as they offered attractive yields with rising rates. But yields have started declining, and are expected to continue to do so. Since early this year, Wall Street has also been telling investors to move into bonds — as Treasury prices rise and yields fall. Historically, bond prices and interest rates generally have had…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailRetired U.S. Army Col. Jack Jacobs, NBC News & MSNBC Military analyst and Medal of Honor recipient, joins ‘Fast Money’ to talk the rising tensions in the Middle East and what to expect next. Source link
Traders work on the floor of the New York Stock exchange during morning trading on May 17, 2024.Michael M. Santiago | Getty ImagesStock futures slipped in overnight trading following a sour start to the new trading month and final quarter of 2024.Futures tied to the Dow Jones Industrial Average edged down 80 points, while S&P 500 futures and Nasdaq-100 futures lost about 0.1% and 0.2%, respectively.In after-hours action, Nike slid about 7% after the sneaker giant pulled its full-year guidance ahead of its CEO change. Elliott Hill will take the helm at Nike on Oct. 14. Fiscal first-quarter earnings at…
