Stock market today: Most of Wall Street rolls higher as bitcoin bounces above $82,000

  • 📰 abc13houston
  • ⏱ Reading Time:
  • 48 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 63%

Stock Market Today Nouvelles

Wall Street,Bitcoin,Surging

The cryptocurrency market saw huge moves over the weekend following the Fed's decision last week to cut interest rates by another quarter-point.

The cryptocurrency market saw huge moves over the weekend following the Fed's decision last week to cut interest rates by another quarter-point.Most U.S. stocks are rising Monday and adding to the gains made during their best week of the year.

Tesla was the strongest force pushing the S&P 500 higher after rising 6.9%. Its leader, Elon Musk, has become a close ally of Trump's, and its stock jumped nearly 15% the day after the election and has kept rising. Stocks of companies more focused on the U.S. economy were also rising more than the rest of the market, including a 1% rally for the smaller stocks in the Russell 2000 index, because they're seen as benefiting more from Trump's America First policies than big multinational companies.

AbbVie tumbled 13.1% after saying trials investigating its treatment for some adults with schizophrenia failed to show statistically significant improvement compared with a placebo group at week six.above $82,000 for the first time. Trump has embraced cryptocurrencies generally and pledged to make his country the crypto capital of the world. Bitcoin hit a record of $82,493 in early trading, according to CoinDesk.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 255. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock market today: Most of Wall Street rolls higher as bitcoin bounces above $82,000The cryptocurrency market saw huge moves over the weekend following the Fed's decision last week to cut interest rates by another quarter-point.
La source: ABC7 - 🏆 67. / 68 Lire la suite »

Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a rowShares are mostly lower in Asia after a third straight day of losses on Wall Street.
La source: ksatnews - 🏆 442. / 53 Lire la suite »

Stock market today: Asian shares are mixed after Wall Street drifts ahead of US Election DayShares are mixed in Asia after U.S. stock indexes drifted lower at the start of a momentous week full of potential flashpoints in Washington, D.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: Asian markets mostly fall after Wall Street logs 3rd loss in a rowShares are mostly lower in Asia after a third straight day of losses on Wall Street.
La source: wjxt4 - 🏆 246. / 63 Lire la suite »

Stock market today: Asian shares fall after Wall Street pulls back from its recordsAsian shares outside of China are lower in cautious trading ahead of earnings reports both in the region and overseas, after Wall Street's long, record-breaking rally ran out of steam. Benchmarks fell in Tokyo, Seoul and Sydney, while rising slightly in Hong Kong and Shanghai. The yen weakened against the U.S. dollar and oil prices edged lower.
La source: AP - 🏆 728. / 51 Lire la suite »