Buck Bully
Financial news
[MarketWatch, Getty Images/iStockphoto] Too much flexibility is dangerous, Jack Bogle warned In light of the continuing pandemic, Congress has temporarily changed the rules on hardship withdrawals from your 401(k). It’s easier to take money out penalty-free, up to $100,000, and you can pay it back and avoid the tax hit. […]
[Coindesk] Bitcoin prices look to be struggling with buyer exhaustion, having put in a negative performance in the last 24 hours despite positive developments on both the macro and technical fronts. The top cryptocurrency by market value fell from $9,760 to $9,100 during Wednesday’s U.S. trading hours, even though major […]
[CNBC, Getty Images] Dow Jones Industrial Average falls 390 points The Dow slid 390.51 points, or 1.59%, to 24,206.86. The S&P 500 fell.1.05% to close at 2,922.94. The Nasdaq Composite advanced 0.54% to 9,185.10. Wall Street took a breather on Tuesday following a massive rally in the previous session. Mnuchin, Powell testify Investors turned their attention to Washington […]
[MarketWatch, Getty Images] Why one strategist sees Dow 30,000 next year and 40,000 by 2023 An upbeat Monday has become something of a collector’s item in recent months, but a wave of positivity swept across stocks to start the week. Federal Reserve Chairman Jerome Powell sent U.S. stocks higher on Monday after […]
[MarketWatch] U.S. stocks staged a strong, broad rally on Monday, as investors cheered the continued reopening of the U.S. economy and good news about coronavirus vaccine trials from Moderna Inc. The S&P 500 airlines industry group surged 14.3% as data from the Transportation Security Administration showed air passenger traffic had risen for […]
[CNBC] The market’s resilience continues to mystify many… The S&P 500 is up more than 3% over the past 12 months while the tech-heavy Nasdaq 100 — which consists of the 100 largest companies in the Nasdaq composite — has gained more than 6% year to date. Wall Street’s resilience […]
[Business Insider] Goldman Sachs lifted its price target for Moderna stock to $105 from $63 on Monday after first trials for its coronavirus drug showed “encouraging” results. Moderna announced Monday that all 45 volunteers in the trial produced antibodies to protect against COVID-19 infection. Shares jumped as much as 39% on the news. The new […]
[Reuters] Floor traders work space is seen on the trading floor after the closing bell, following traders testing positive for Coronavirus disease (COVID-19), at the New York Stock Exchange (NYSE) in New York, U.S., March 19, 2020. (Reuters) – Wall Street’s main indexes surged on Monday as encouraging early data […]
[Decrypt] Bitcoin’s average transaction fees continue to rise post-halving—caused by an already overloaded transaction backlog. Average transaction fees on the Bitcoin network have hit a new 11-month high. According to data from Bitinfocharts, the average fee paid for transacting on Bitcoin hit $5.16 on May 14—a phenomenon not witnessed since June 2019. The […]
[CNBC, GETTY IMAGES] Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Sunday evening as investors pored over comments on the state of the American economy from Federal Reserve Chairman Jerome Powell in light of last week’s market losses. Dow Jones Industrial […]