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On Monday, shares of MARA (NASDAQ: MARA) saw a marginal decline of 1% as the price of bitcoin experienced a downturn. This movement came even as the company announced a significant update on its mining operations. MARA, a prominent player in the digital asset sector, has been subject to heightened…
Investing.com — The S&P 500 and Dow closed at a record highs Tuesday, as investors assessed President-elect Donald Trump’s threat to impose higher import tariffs on China, Canada and Mexico. At 4:00 ET (20:00 GMT), the rose 0.3% to a closing record of 44,860.31. The index gained 0.6% to close…
By Johann M Cherian and Purvi Agarwal (Reuters) – The benchmark and the blue-chip Dow hit intraday record highs on Monday while the Nasdaq also advanced, with Scott Bessent’s nomination as Treasury secretary in the incoming Trump administration boosting investor sentiment. President-elect Donald Trump ended weeks of speculation when he…
Investing.com– The Dow closed a fresh record high Friday, as the rotation into cyclical stocks including industrials continued to propel stocks higher amid weakness in tech. At 4.00 p.m. ET (2100 GMT), the gained 426 points, or 0.8% to close at a record of 44,296.51. The index rose 0.3%, while…
Investing.com — US equity funds are set to experience a record-breaking year with annualized inflows reaching $448 billion, Bank of America reported. Money market funds are also witnessing unprecedented demand, projected to receive “massive” inflows of $1.1 trillion in 2024. In the week ending November 11, equity funds attracted $14.4…
By Caroline Valetkevitch NEW YORK (Reuters) -The Nasdaq rose more than 1% and also ended higher on Tuesday, led by a jump in technology shares as investors eagerly awaited results this week from Nvidia (NASDAQ:), while Walmart (NYSE:) shares climbed after the retailer raised its annual forecasts. The Dow finished…
By Doyinsola Oladipo NEW YORK (Reuters) – Americans are expected to set a new record for Thanksgiving travel, with nearly 80 million to hit the roads, catch flights and board cruises over the holiday period, travel group AAA said on Monday. About 1.7 million more people will travel this year…
By Amy Lv and Pratima Desai BEIJING/LONDON (Reuters) – New capacity for converting bauxite into alumina due online next year is set to ease tight supplies and potentially halt a record-breaking price rally of the material used to make aluminium. Higher alumina prices outside China have turned the top producer…
By Elisa Anzolin MILAN (Reuters) – Sales of personal luxury goods are set to fall 2% this year, making it one of the weakest on record, with price hikes and economic uncertainty shrinking the industry’s customer base, according to consultancy Bain & Company. In its closely-watched report on the 363-billion-euro…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased while the dollar held at four-month highs on Tuesday, though all the excitement was centred on bitcoin as it soared to a record peak underpinned by investor bets on assets that are likely to benefit from Donald Trump’s election win. Investors…
