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Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
The labor market is cooling down, with the three-month average of monthly job gains decelerating to…
Matthew Fox
Stock market today: Nasdaq drops 3% as weak manufacturing data renews US growth fears
Investors were disappointed by Tuesday's manufacturing data, which amplified fears that the US econ…
Filip De Mott
Prepare for bitcoin to fall after the long-awaited halving, JPMorgan says
"We do not expect bitcoin price increases post halving as it has been already priced in," JPMorgan …
Yuheng Zhan
Bitcoin is replacing gold in investor portfolios
By one measure, bitcoin's allocation in overall portfolios overtook gold when its price hit $45,000…
Filip De Mott
Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence
Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…
Kelly Cloonan
Bitcoin's latest sell-off is a good entry point for investors ahead of halving, JPMorgan says
The quadrennial bitcoin halving will take place in the coming days, and will reduce the amount of b…
Yuheng Zhan
Bitcoin's back on top, but it's not a boon for everyone in the space
In today's big story, we're looking at bitcoin's latest rally and what's driving it so high this ti…
Dan DeFrancesco
Bitcoin's record-breaking run could postpone Fed rate cuts, JPMorgan says
"Premature rate-cutting risks further inflating asset prices or causing another leg up in inflation…
Matthew Fox
Ether ETFs are coming. Here's how Wall Street says the funds will impact the world's 2nd-biggest crypto.
The spot ether ETFs are set to launch as soon as next week. But analysts have different opinions on…
Filip De Mott
MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says
"Purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk o…
Filip De Mott
Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings
JPMorgan, Citi, and Wells Fargo all reported earnings on Friday. Earnings could be the next catalys…
Max Adams
Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee
"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the …
Matthew Fox
Stock market today: Indexes inch higher to new records after Powell testimony
Outlooks on Fed policy remained unchanged after Chairman Jerome Powell offered no new insight durin…
Filip De Mott
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…
Matthew Fox
Why bitcoin could fall 33% after its long-awaited halving event in April, JPMorgan says
JPMorgan says a drop to the $42,000 level is possible after post-halving euphoria settles down.
Aruni Soni
Stock market today: US stocks close at record highs after dovish June jobs report
"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs repo…
Matthew Fox
Stock market today: Indexes slip ahead of Powell comments and as traders look to jobs data
Fed Chairman Jerome Powell will speak Tuesday at a central bank forum, while investors await the la…
Filip De Mott
Bitcoin's sudden rebound keeps the $100,000 threshold in reach by year-end, Standard Chartered says
Bitcoin spot ETF flows should no longer be a headwind, and bitcoin could continue rallying this yea…
Filip De Mott
Stock market today: Indexes cap stellar first half of 2024 with losses even after encouraging inflation report
Stocks edged lower despite market excitement over the latest personal consumption expenditures, whi…
Filip De Mott
Bitcoin is back (sort of)
A recent surge in bitcoin's price is the latest win for what has quietly been a strong year for cry…