Key PointsBitcoin falls to near 6-month lows. Is a bigger crypto crush ahead?What a tough month it has been for bitcoin.The world's most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according to industry site CoinDesk. It lost $3,000 in value in just a month as China accelerated a crackdown on businesses involved in cryptocurrency operations, a reversal from President Xi Jinping's previous signal to be more open to the blockchain technology. The coin last traded at $7,150.79. Bitcoin jumped to above $10,000 briefly last month after and called on...…Key PointsBitcoin falls to near 6-month lows. Is a bigger crypto crush ahead?What a tough month it has been for bitcoin.The world's most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according to industry site CoinDesk. It lost $3,000 in value in just a month as China accelerated a crackdown on businesses involved in cryptocurrency operations, a reversal from President Xi Jinping's previous signal to be more open to the blockchain technology. The coin last traded at $7,150.79. Bitcoin jumped to above $10,000 briefly last month after and called on...WW…

In this articleExpect some consolidation in May, says JPMorgan's Joyce ChangStocks rose slightly as an advance in the biggest U.S. technology shares lifted the market into the green from losses earlier in the session. traded 0.1%, or 26.07 points, higher at 23,749.76 after being down as much as 360 points at one point. T rose 0.4%, or 12.03 points, to 2,842.74. The  Composite climbed 1.2%, or 105.77 points, to 8,710.71, supported by strong gains in big tech stocks. Microsoft and Netflix jumped 2.4% and 3.0%, respectively, while Apple and Facebook both rose 1.4%. The...…In this articleExpect some consolidation in May, says JPMorgan's Joyce ChangStocks rose slightly as an advance in the biggest U.S. technology shares lifted the market into the green from losses earlier in the session. traded 0.1%, or 26.07 points, higher at 23,749.76 after being down as much as 360 points at one point. T rose 0.4%, or 12.03 points, to 2,842.74. The  Composite climbed 1.2%, or 105.77 points, to 8,710.71, supported by strong gains in big tech stocks. Microsoft and Netflix jumped 2.4% and 3.0%, respectively, while Apple and Facebook both rose 1.4%. The...WW…

Keep Me Logged InDow falls more than 1,500 points amid coronavirus fears—Four experts on the marketsStocks tumbled on Wednesday, reaching a new coronavirus crisis low as investors worried about the economic damage from the pandemic.The  dropped 1,338.46 points, or 6.3% to 19,898.92, marking its first close below 20,000 since February 2017. The Dow was down more than 2,300 points at the lows of the session. The  dropped 5.2% to 2,398.10 and closed nearly 30% below a record set last month. The  slid 4.7% to 6,989.84. Virtually no market was safe from the selling wave, with...…Keep Me Logged InDow falls more than 1,500 points amid coronavirus fears—Four experts on the marketsStocks tumbled on Wednesday, reaching a new coronavirus crisis low as investors worried about the economic damage from the pandemic.The  dropped 1,338.46 points, or 6.3% to 19,898.92, marking its first close below 20,000 since February 2017. The Dow was down more than 2,300 points at the lows of the session. The  dropped 5.2% to 2,398.10 and closed nearly 30% below a record set last month. The  slid 4.7% to 6,989.84. Virtually no market was safe from the selling wave, with...WW…

Reddit traders move on to silver as their next short — Here's what's next for the precious metalStocks jumped on Monday, the first session of February, as Wall Street appeared to shake off concerns about a speculative retail trading mania that largely drove the market's worst weekly sell-off since October.The Dow Jones Industrial Average rose 229.29 points, or 0.8%, to 30,211.91, led by Microsoft and Visa. The S&P 500 climbed 1.6% to 3,773.86, posting its best day since Nov. 24 as all 11 sectors gained. The Nasdaq Composite jumped 2.6% to 13,403.39.GameStop, the brick-and-mortar video...…Reddit traders move on to silver as their next short — Here's what's next for the precious metalStocks jumped on Monday, the first session of February, as Wall Street appeared to shake off concerns about a speculative retail trading mania that largely drove the market's worst weekly sell-off since October.The Dow Jones Industrial Average rose 229.29 points, or 0.8%, to 30,211.91, led by Microsoft and Visa. The S&P 500 climbed 1.6% to 3,773.86, posting its best day since Nov. 24 as all 11 sectors gained. The Nasdaq Composite jumped 2.6% to 13,403.39.GameStop, the brick-and-mortar video...WW…

 yields turned higher on Wednesday as investors digested the latest Federal Reserve minutes.The yield on the benchmark  rose one basis point to 0.6817% and the yield on the  was up 3 basis points at 1.4309%. Yields move inversely to prices.17 hours agoa day agoThe Federal Open Market Committee struck a cautious tone at their last meeting about the economic recovery, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system.Officials at the meeting "agreed that the ongoing public health crisis would weigh...… yields turned higher on Wednesday as investors digested the latest Federal Reserve minutes.The yield on the benchmark  rose one basis point to 0.6817% and the yield on the  was up 3 basis points at 1.4309%. Yields move inversely to prices.17 hours agoa day agoThe Federal Open Market Committee struck a cautious tone at their last meeting about the economic recovery, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system.Officials at the meeting "agreed that the ongoing public health crisis would weigh...WW…

S&P 500 reaches for a new high—Three experts on what's next for marketsThe fell on Tuesday, snapping a seven-day winning streak, as declines in some of the major tech names escalated at the end of the trading day. The broader market flirted with a new all-time high before the late-day sell-off. The index closed 0.8% lower at 3,333.69 for its worst day since July 23. Earlier in the day, it was up as much as 0.6% and traded within half a percent of its Feb. 19 intraday record of 3,393.52.The lagged, falling 1.7% to 10,782.82. The gave back a rally of more than 300 points to...…S&P 500 reaches for a new high—Three experts on what's next for marketsThe fell on Tuesday, snapping a seven-day winning streak, as declines in some of the major tech names escalated at the end of the trading day. The broader market flirted with a new all-time high before the late-day sell-off. The index closed 0.8% lower at 3,333.69 for its worst day since July 23. Earlier in the day, it was up as much as 0.6% and traded within half a percent of its Feb. 19 intraday record of 3,393.52.The lagged, falling 1.7% to 10,782.82. The gave back a rally of more than 300 points to...WW…

In this articleGilead reports 'positive data' on remdesivir coronavirus drug trialStocks jumped Wednesday on the back of positive data from a potential coronavirus treatment from Gilead Sciences, while investors digested a sharp drop in U.S. economic activity. The surged 532.31 points, or 2.2%, to 24,633.86. The gained 2.7% to close at 2,939.51 while the closed 3.6% higher at 8,914.71. The major averages also got a boost from the Federal Reserve, which pledged to keep rates near zero for as long as needed and provide additional help to the economy.Wednesday's gains put the S&P 500...…In this articleGilead reports 'positive data' on remdesivir coronavirus drug trialStocks jumped Wednesday on the back of positive data from a potential coronavirus treatment from Gilead Sciences, while investors digested a sharp drop in U.S. economic activity. The surged 532.31 points, or 2.2%, to 24,633.86. The gained 2.7% to close at 2,939.51 while the closed 3.6% higher at 8,914.71. The major averages also got a boost from the Federal Reserve, which pledged to keep rates near zero for as long as needed and provide additional help to the economy.Wednesday's gains put the S&P 500...WW…

Key PointsIn this articleRep. Marjorie Taylor Greene bought $50K worth of shares of Trump SPAC Digital World AcquisitionRep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC stock linked to former President planned social media platform.According to a public disclosure, the Georgia Republican purchased a stake in Digital World Acquisition Corp., or DWAC, on Friday. The stake is worth at least $15,000 but no more than $50,000.DWAC, a special purpose acquisition company, .That triggered a buying mania among retail investors in DWAC shares over two days last week, which drove...…Key PointsIn this articleRep. Marjorie Taylor Greene bought $50K worth of shares of Trump SPAC Digital World AcquisitionRep. Marjorie Taylor Greene has invested up to $50,000 in the SPAC stock linked to former President planned social media platform.According to a public disclosure, the Georgia Republican purchased a stake in Digital World Acquisition Corp., or DWAC, on Friday. The stake is worth at least $15,000 but no more than $50,000.DWAC, a special purpose acquisition company, .That triggered a buying mania among retail investors in DWAC shares over two days last week, which drove...WW…

Wall Street set for a flat open after Wednesday's gainsU.S stocks reversed lower in a swift fashion on Thursday after reports that President Joe Biden is slated to propose much higher capital gains taxes for the rich.The Dow Jones Industrial Average dropped 321.41 points, or 1%, to 33,815.90. At its low of the day, the blue-chip benchmark fell 420 points. The S&P 500 erased earlier gains and closed 0.9% lower at 4,134.98, while the Nasdaq Composite slid 0.9% to 13,818.41.7 hours agoBloomberg News reported Thursday afternoon that Biden is planning a capital gains tax hike to as high as...…Wall Street set for a flat open after Wednesday's gainsU.S stocks reversed lower in a swift fashion on Thursday after reports that President Joe Biden is slated to propose much higher capital gains taxes for the rich.The Dow Jones Industrial Average dropped 321.41 points, or 1%, to 33,815.90. At its low of the day, the blue-chip benchmark fell 420 points. The S&P 500 erased earlier gains and closed 0.9% lower at 4,134.98, while the Nasdaq Composite slid 0.9% to 13,818.41.7 hours agoBloomberg News reported Thursday afternoon that Biden is planning a capital gains tax hike to as high as...WW…

In this articleMarkets continue to climb on coronavirus recovery optimism—Five experts explain the rallyThe stock market rallied once again on Monday, pushing the S&P 500 into the green for the year as the benchmark completed its wild round trip amid the coronavirus pandemic. Investors are growing more and more optimistic about a speedy economic recovery as states continue to reopen. Stocks finished the day at their session highs with the S&P 500 jumping 1.2%, or 38.46 points, to 3,232.39. The equity benchmark turned positive for the year in the final moments of Monday and has...…In this articleMarkets continue to climb on coronavirus recovery optimism—Five experts explain the rallyThe stock market rallied once again on Monday, pushing the S&P 500 into the green for the year as the benchmark completed its wild round trip amid the coronavirus pandemic. Investors are growing more and more optimistic about a speedy economic recovery as states continue to reopen. Stocks finished the day at their session highs with the S&P 500 jumping 1.2%, or 38.46 points, to 3,232.39. The equity benchmark turned positive for the year in the final moments of Monday and has...WW…