US stocks ended higher on Friday, with the S&P 500 closing at a record high as weaker-than-expected July jobs data reduced expectations for a Federal Reserve interest rate hike in September and boosted investor appetite for technology and growth stocks. The S&P 500 rose 0.6% to finish at 7,756.44, while the Nasdaq Composite climbed 1.3%
Gold can be expected to rise further to the next resistance level 4400.00 (former top of wave iv from the start of June and the target for the completion of wave 3). Gold broke resistance area Likely to rise to resistance level 4400.00 Gold recently broke the resistance area between the key resistance level 4200.00
Wall Street ended lower on Thursday as investors paused after this week’s record-setting rally, weighing a fresh round of corporate earnings alongside renewed uncertainty over developments in the Middle East. The Dow Jones Industrial Average dropped 454 points, or 0.83%, while the S&P 500 slipped 0.18%. The Nasdaq Composite edged 0.04% lower as weakness in
Why Is Tether Bringing Hadron To Saudi Arabia? Tether is expanding beyond stablecoins by bringing its Hadron tokenization platform to Saudi Arabia, where the company plans to issue and manage institutional-grade real estate assets on blockchain networks. The USDT issuer is working with First Advanced Data for Artificial Intelligence and fintech company BKN301 on the
US stock futures were mixed on Wednesday as optimism over a possible Middle East agreement supported the Dow and S&P 500, while post-earnings selling in SpaceX and AMD weighed on the Nasdaq. At 7:00 am ET, Dow futures rose 195 points and S&P 500 contracts gained 0.41%, while Nasdaq 100 futures slipped 0.02%. The split
For most of the past two years, investors concentrated almost exclusively on the companies designing AI chips or building the large language models consuming them. Now, according to Wells Fargo equity strategist Ohsung Kwon, the investment opportunity is beginning to spread much further through the economy. In a note reported by Bloomberg this week, Kwon
The Dow Jones Industrial Average closed at a record high on Monday as Wall Street began August with a broad rally, helped by gains in major technology stocks and a sharp decline in oil prices following signs of easing geopolitical tensions in the Middle East. The Dow rose about 693 points, or 1.3%, surpassing its
Polkadot cryptocurrency can be expected to rise further to the next resistance level 0.870 (former strong support from the start of June). Polkadot reversed from support zone Likely to rise to resistance level 0.870 Polkadot cryptocurrency recently reversed up from support zone between the key support level 197.30 (as can be seen from the daily
Palantir (PLTR) shares are charging higher in extended trading on Monday as the AI-enabled data analytics giant’s Q2 earnings shattered Wall Street’s expectations. Palantir’s revenue soared 93% year-on-year to $1.935 billion in the second quarter, handily beating consensus set at $1.81 billion only. The firm’s GAAP diluted earnings per share (EPS) came in at $0.41
CHFJPY currency pair can be expected to fall further to the next support level 192.00 (former monthly low from last December). CHFJPY broke support zone Likely to fall to support level 192.00 CHFJPY currency pair has been falling sharply after the price broke the support zone between the key support level 197.30 (which has been