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BitMine Immersion Technologies, Inc. (NYSE: BMNR ) stock fell nearly 4% on Wednesday as cryptocurrency-linked stocks came under pressure. According to Pro, crypto stocks fell alongside Bitcoin (CRYPTO: BTC). The sector also continued to react to the U.S. Senate’s vote against advancing the Clarity Act. The setback dela
US session market picture. US index futures: S and P futures is up 0.36 percent, Nasdaq futures is up 0.83 percent, Dow futures is down 0.05 percent and Russell futures is up 0.44 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.03 percent, dollar yen is up 0.02 percent and GBP/USD is
A sharp reversal in crude oil handed U.S. equities a reprieve on Wednesday, with stocks grinding higher off six-week lows just hours before the Federal Reserve is expected to raise interest rates for the first time since 2023. The S&P 500 added 0.4% to 7,615.70, while the Dow Jones Industrial Average was effectively fl
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Wednesday. The Dow traded down 0.07% to 52,058.51 while the NASDAQ climbed 0.72% to 26,168.28. The S&P 500 also rose, gaining, 0.33% to 7,610.98. Leading and Lagging Sectors Information technology shares jumped by 0.9% on W
US session market picture. US index futures: S and P futures is up 0.4 percent, Nasdaq futures is up 0.84 percent, Dow futures is down 0.01 percent and Russell futures is up 0.44 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.01 percent, dollar yen is up 0.06 percent and GBP/USD is d
Circle Internet Group, Inc. (NYSE: CRCL ) stock fell Wednesday alongside crypto-linked equities, while Bitcoin hovered near $75,000. The decline followed the U.S. Senate’s vote Tuesday against advancing the CLARITY Act, delaying a comprehensive regulatory framework for the digital asset industry, according to Pro. • Ci
US session market picture. US index futures: S and P futures is up 0.45 percent, Nasdaq futures is up 0.94 percent, Dow futures is up 0.06 percent and Russell futures is up 0.5 percent. In currencies, the dollar index is up 0.08 percent, euro dollar is down 0.01 percent, dollar yen is up 0.04 percent and GBP/USD is dow
US session market picture. US index futures: S and P futures is up 0.39 percent, Nasdaq futures is up 0.85 percent, Dow futures is down 0.02 percent and Russell futures is up 0.39 percent. In currencies, the dollar index is up 0.05 percent, euro dollar is down 0.01 percent, dollar yen is unchanged at 0 percent and GBP/
S&P 500 DOWN
US session market picture. US index futures: S and P futures is up 0.31 percent, Nasdaq futures is up 0.72 percent, Dow futures is down 0.14 percent and Russell futures is up 0.34 percent. In currencies, the dollar index is up 0.05 percent, euro dollar is down 0.01 percent, dollar yen is up 0.06 percent and GBP/USD is
Axon Enterprise, Inc. (NASDAQ: AXON ) on Wednesday priced an offering of $1 billion aggregate principal amount of 0% convertible senior notes due 2031. Underwriters also have an 11-day option, beginning on the first issuance date, to buy up to an additional $150.0 million of notes solely to cover over-allotments. The c
US session market picture. US index futures: S and P futures is up 0.2 percent, Nasdaq futures is up 0.71 percent, Dow futures is down 0.36 percent and Russell futures is up 0.23 percent. In currencies, the dollar index is up 0.09 percent, euro dollar is down 0.01 percent, dollar yen is up 0.05 percent and GBP/USD is d
US session market picture. US index futures: S and P futures is up 0.31 percent, Nasdaq futures is up 0.65 percent, Dow futures is down 0.08 percent and Russell futures is up 0.5 percent. In currencies, the dollar index is up 0.09 percent, euro dollar is down 0.03 percent, dollar yen is up 0.13 percent and GBP/USD is d
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 52,103.62 while the NASDAQ climbed 0.45% to 26,099.29. The S&P 500 also rose, gaining, 0.25% to 7,604.83. Leading and Lagging Sectors Uti
The August Consumer Price Index report shows a 0.4% monthly increase, prompting Ryan Detrick, chief market strategist at the Carson Group, to warn that the U.S. economy faces “stickier inflation.” He argues that broad cost increases across services demonstrate that recent price spikes are not “a one-time event.” The ‘S
A Federal Reserve rate hike is largely priced in for Wednesday, but JPMorgan says the S&P 500 could still swing anywhere from 1% higher to 2% lower depending on how Chair Kevin Warsh frames the move. A surprise decision to hold rates steady could prove painful. JPMorgan Chase & Co. (NYSE: JPM ) estimates the index coul
US session market picture. US index futures: S and P futures is up 0.3 percent, Nasdaq futures is up 0.5 percent, Dow futures is up 0.11 percent and Russell futures is up 0.17 percent. In currencies, the dollar index is up 0.1 percent, euro dollar is down 0.03 percent, dollar yen is up 0.14 percent and GBP/USD is down
YARDENI SLASHES S&P 500 TARGET Wall Street bull Ed Yardeni cut his year-end S&P 500 target to 7,900 from 8,400, citing rising bond yields and increased downturn risks over the next 3—6 months. He lowered his expected forward P/E multiple to 18.6 from 19.8. Yardeni still sees 10,000 by 2030, but warns higher inflation a
LuxExperience (NYSE: LUXE ) held its fourth-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. APIs provide real-time access to earnings call transcripts and financial data. Visit to learn more. View the webcast at Summary LuxExperience reported a strong financial performance