Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
Bitcoin, XRP, Dogecoin, Bitget, and more: Cryptocurrencies to watch this week
The crypto market is deep in the red ahead of Donald Trump’s inauguration, weighed down by an unexpected jobs report and anticipation of higher-than-expected inflation data. These developments underscore how integrated the crypto market has become with broader macroeconomic trends.
Rising dollar pressures peers as further Fed rate cuts questioned
NEW YORK/LONDON (Reuters) -The U.S. dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored the strength of the economy and muddied the outlook for further Federal Reserve rate cuts this year. Friday's data showed U.S. job growth unexpectedly accelerated in December and the unemployment rate fell to 4.1%, leaving traders heavily scaling back bets of Federal Reserve rate cuts this year. Markets were now no longer fully pricing in even one rate cut from the Fed in 2025, down from roughly two quarter-point cuts priced at the start of the year.
Howard Hughes Stock Pops on Billionaire Bill Ackman's $85 Per Share Offer
Billionaire Bill Ackman’s investment vehicle Pershing Square has offered to buy the remainder of real estate developer Howard Hughes for $85 per share, driving its stock higher.
Crypto ETPs Gain $47 Million as Bitcoin Experiences Sell-Off
Crypto exchange-traded products (ETPs) recorded $47 million in inflows last week, according to a report from CoinShares.
S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week, boosting expectations that the Federal Reserve will maintain a hawkish stance for most of this year. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or 0.25%, to 42,043.51, the S&P 500 lost 40.79 points, or 0.70%, to 5,786.25, and the Nasdaq Composite lost 274.13 points, or 1.43%, to 18,887.50. At one point, traders were no longer fully pricing in even one Fed rate cut this year, according to data compiled by LSEG, from about 43 basis points before Friday's job figures.
Winter weather helps market stabilize after holidays
Tender rejection rates were back on the rise this week as winter weather impacted markets across the south. Tender volumes start 2025 down y/y The post Winter weather helps market stabilize after holidays appeared first on FreightWaves.
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Where in the world is leading the private banking sector this year?
Stock market today: Dow revives as Nasdaq, S&P 500 slide amid rate-cut fears
Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.
Cathie Wood buys $8.6 million of surging mega-cap tech stock
The Nasdaq Composite gained 28% between January 2024 and January 2025. But the ARK Innovation ETF returned just 16.5%.