Stocks fall for a 3rd day; bitcoin sinks after a wild ride

  • 📰 latimes
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 82%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Wall Street racked up more losses Wednesday as the stock market pulled back for the third straight day. The broad sell-off went beyond stocks, with the price of bitcoin and other cryptocurrencies falling sharply.

Some of us are hoping that a year of remote work will lead to greater job flexibility. Others can’t wait to get out of the house.

Bitcoin’s price fell 10.8% to $38,723, well below its all-time high of over $64,800 reached a month ago, according to the crypto news site Coindesk. It swung in a huge range of as low as $30,202 and as high as $43,621 over the course of the day. Investors continue to be focused on whether rising inflation will be only temporary. Prices are rising for such items as gasoline and food as the economy recovers from its more than yearlong malaise.The Federal Reserve expects that rising inflation will be temporary and related to the recovering economy, but investors are still uncertain and have been more cautious.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

A Call to Protect the Nature! Thread:

It's coming...

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 11. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stocks Open Lower, With Tech Leading the WayThe S&P 500 extended this week’s losses as investors weigh whether quicker inflation will prompt central bank to trim asset purchases and raise interest rates. 'Israel is an apartheid state. My government and my military commanders are war criminals.' This is what a former Israeli Air Force pilot said about Israel's repression policies against the Palestinians At the end of the day, if technology doesn’t deliver more than it subtracts, what could its actual worth be? All this data can be re-amassed by a simple AI program in less than 15 years. Selfishness at petabyte speeds does nothing for the economy. Get a clue, Corporate America. यदि ऐतिहासिक व न्यायसंगत रूप से बात करें तो ईसाई और इस्लाम दोनों का ज़न्म् यहूदी धर्म से ही हुआ है इसलिए बिना किसी विवाद के यरुशलम पर पूरा व एकमात्र अधिकार यहूदियों का है,जो उन्हें मिलना चाहिए।🇮🇳❤️🇮🇱
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

The best value Chinese internet stocks may be some of this year's worst performers, Citi saysThese companies have enormous potential given the size of their markets and opportunities to build infrastructure in those regions, said Citi's David Bailin. this is terrible news Cuz that's means potential.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Veteran investor Mark Mobius likes India stocks despite the country's Covid crisisMobius, who's founding partner of Mobius Capital Partners, said it's 'quite amazing' that India's Covid crisis has not affected the stock market much. Stable corruption free govt. Plus cheap, highly skilled labor The Moorish Science Temple of America sends their blessings Bless
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Beware ESG ratings, strategist warns – look past them to find the best stocks to buyNew for subscribers: Beware ESG ratings, strategist warns – look past them to find the best stocks to buy. Check out CNBCPro today.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »