Pando Asset AG, an asset management company based in Switzerland, has submitted an application for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), as indicated in a Wednesday filing.
Fed’s Favorite Inflation Gauge Arrives Thursday: Will Data Bolster Bets On 2024 Interest Rate Cuts? Plus: 5 ETFs To Watch
Yesterday, 4:57 PM
The Bureau of Economic Analysis will release the PCE index, an inflation indicator closely watched by the Federal Reserve, on Thursday. Economists forecast a 3% year-on-year increase and a 0.1% month-over-month rise.
Yesterday, 3:14 PM
Fed's Beige Book report shows consumers becoming more price sensitive and the economic outlook for the next six to 12 months is diminishing.
Stocks Drift Higher On Stronger GDP Data, Oil Rebounds As OPEC+ Mulls Cuts: What’s Driving Markets Wednesday?
Yesterday, 1:59 PM
Stocks are experiencing their 16th green session out of the 20 so far in November, with the S&P 500 index reaching its highest level since early August, and the Nasdaq 100 just 4.4% below its all-time highs set in November 2021.
Yesterday, 1:32 PM
The ARK Innovation ETF (NYSE:ARKK), managed by renowned investor Cathie Wood, has posted remarkable gains in November, making it the fund’s best-performing month since its launch in 2014.
Yesterday, 1:19 PM
The S&P 500 index could return 11% in 2024, analysts predict. DataTrek co-founder Nicholas Colas suggests investing in the Russell 3,000.
Yesterday, 12:13 PM
CD rates have surged due to Fed rate increases, with Bankrate's avg 1-year APY at 5.27%. CDs now more lucrative than government bonds or ETFs like SHY.
Israel-Hamas War, Day 54: Less Than 24 Hours Available To Extend The Truce As Negotiations Enter ‘Pragmatic’ Phase
Yesterday, 10:01 AM
Israel & Hamas discussing possibility of extending Gaza truce before fighting resumes. US sending humanitarian aid & Biden & Blinken urge end to fighting. Israeli shekel strengthens & domestic stocks rise. Hamas invited Elon Musk to witness violence.
Yesterday, 9:41 AM
US economy displayed robust growth in Q3 2023, surpassing estimates with 5.2% annualized GDP growth. Private inventory investment, consumer spending, and exports all contributed to the growth.