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

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.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: ksatnews - 🏆 442. / 53 Прочитайте больше »

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.
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »

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.
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »

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.
Источник: AP - 🏆 728. / 51 Прочитайте больше »

Stock market today: Wall Street slips as its red-hot rally cools some moreU.S. stocks are slipping as some more steam comes out of Wall Street’s huge, record-breaking rally. The S&P 500 fell 0.4% in Wednesday morning trading. The Dow Jones Industrial Average sank 202 points, and the Nasdaq composite lost 0.8%.
Источник: AP - 🏆 728. / 51 Прочитайте больше »