Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq index. Luke MacGregor | Bloomberg | Getty Images Bitcoin tumbled as much as 6% early Friday, hovering just above its critical $80,000 support level at one point, as investors continued their flight…
My top 10 things to watch Friday, Nov. 21 1. The S & P 500 is headed for a higher open this morning after New York Federal Reserve President John Williams suggested that the central bank could lower interest rates again next month. Expectations for a 25-basis-point rate cut at the December meeting jumped to…
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 on Thursday and what’s on the radar for Friday’s session. We’ve had a week The…
The direction of crypto prices could inform the trajectory of the U.S. stock market, according to Tom Lee, Fundstrat Global Advisors’ head of research. Bitcoin on Thursday declined to levels not seen since April 21 , amid a broader market pullback that saw investors rake in profits from risk-on assets as hopes of an upcoming…
My top 10 things to watch Tuesday, Nov. 18 1. The S & P 500 was headed for a lower open this morning, putting the benchmark index on track for its fourth consecutive day of losses. That would be the S & P 500’s longest losing streak since August. Big laggards include Club holding Nvidia…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. The S & P 500 is on pace for its fourth straight losing session as AI-related stock valuations continue to concern investors. It would mark the broad-based index’s worst…
Bitcoin fell on Monday, stirring up concerns that a broader stock market downturn could soon follow. The world’s largest cryptocurrency by market capitalization was last trading at $91,529, or roughly 2.9% lower on the day, reversing its recovery from its six-month-low price hit on Friday. The S & P 500 was last trading 1.3% lower…
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 on Thursday and what’s on the radar for Friday’s session. The November drop The Russell…
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 on Tuesday and what’s on the radar for Wednesday’s session. Obesity in the USA We’ll…
Retail investors are rushing back into the stock market after a relatively snoozy summer, according to JPMorgan. Retail investors poured around $7 billion into purchases on balance over the last week, said Arun Jain, an analyst at the bank. That’s a noticeable jump from the $5.3 billion average seen weekly over the last two months….