Search Results for: wall Street
Bitcoin is breaking records because bigger investors are buying it now, says PwC
January 4th, 2021
Bitcoin’s record-smashing rally seen in recent weeks was partly driven by the entry of more big, institutional investors into the market, according to PwC’s global crypto leader Henri Arslanian. The digital currency surged over $30,000 for the first time ...
European stocks inched higher on Wednesday
December 30th, 2020
European stocks inched higher on Wednesday as UK’s approval of AstraZeneca’s COVID-19 vaccine, bets of more U.S. fiscal aid and large-scale vaccination efforts spurred hopes of a strong recovery in the global economy next year. The pan-European STOXX 600 ...
Big investors new to cryptocurrencies appear to be behind bitcoin’s rally to a record
December 22nd, 2020
A herd of new, big investors are scooping up bitcoin this year as the price more than doubles. Investors who bought at least 1,000 bitcoins — worth roughly $23 million at Friday’s price — and have had an account ...
European stocks closed lower; Travel stocks shedding 1.1%
November 18th, 2020
European stocks closed lower on Tuesday despite a backdrop of more positive coronavirus vaccine news from Moderna. The pan-European Stoxx 600 closed down by around 0.2% provisionally, with travel stocks shedding 1.1% to lead the losses as the majority ...
European stocks close higher on vaccine hopes
November 10th, 2020
European stocks closed higher Tuesday, extending gains from the previous session on hopes an effective coronavirus vaccine has been found. The pan-European Stoxx 600 nudged higher to close up around 0.1% provisionally. Tech stocks dropped 1.9% while banks surged ...
European stocks pulled back Tuesday
October 27th, 2020
European stocks pulled back Tuesday morning amid a choppy start to trading, as investors continued to monitor the rapid spread of coronavirus across the continent and digested a fresh round of major corporate earnings. The pan-European Stoxx 600 slipped ...
European stocks retreated Thursday
September 24th, 2020
European stocks retreated Thursday as investors’ hopes for economic recovery following the coronavirus pandemic falter amid a second wave of cases. The pan-European Stoxx 600 fell 0.9% by mid-morning, with retail stocks shedding 1.6% to lead losses as all ...
Asian shares mixed as worries percolate over pandemic; Euro to Dollar weakened
September 23rd, 2020
Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped in Japan and Hong Kong but rose in Seoul and Shanghai and jumped more ...
European stocks fell on Thursday; The biggest sectoral decliners in Europe
September 17th, 2020
European stocks fell from a one-month closing high on Thursday after an underwhelming response to the U.S. Federal Reserve’s pledge to keep interest rates low for a prolonged period. The pan-European STOXX 600 dropped 0.9%, on course to break ...
Emerging currencies fell
September 9th, 2020
Emerging market currencies fell as a sharp fall on Wall Street sent panicked investors into the U.S. dollar, with simmering Sino-U.S. tensions and concerns over an economic recovery adding to the mix. Amid concerns that a recovery in oil ...
