Bitcoin holds steady near $95,000, eyes $200,000 target by mid-2025
The cryptocurrency has pulled back since topping $108,000 earlier this month.
Trump's first actions and job data to test market in January
NEW YORK (Reuters) -After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the technology-heavy Nasdaq Composite index <.IXIC >, which surpassed 20,000 for the first time in December, is up over 31%. "There are concerns that maybe the first part of (next) year can involve some repositioning and reallocation of funds and those that are trading today and next week are probably just trying to get a little bit ahead of that," said Robert Pavlik, senior portfolio manager at Dakota Wealth.
Ingles Markets Faces Nasdaq Filing Delay Due to Hurricane
Ingles Markets ( (IMKTA) ) has issued an announcement. Ingles Markets announced that it received a notice from Nasdaq due to a delay in filing its Annual Report for the fiscal year ending September 28, 2024. The delay, attributed to the impact of Hurricane Helene, has not affected the immediate Nasdaq listing of its Class A Common Stock. The company has until February 18, 2025, to comply with Nasdaq’s filing requirements or submit a compliance plan. Ingles Markets intends to file the report with
Elite Pharmaceuticals Launches Generic Vyvanse for ADHD Market
Elite Pharmaceuticals ( (ELTP) ) has issued an update. Elite Pharmaceuticals announced the launch of its generic version of Vyvanse® (Lisdexamfetamine Disylate) in various strengths, targeting the ADHD treatment market. The product, which is marketed under the Elite Laboratories, Inc. label, is expected to capture a portion of the $4.3 billion annual sales reported by IQVIA for the original product, potentially enhancing Elite’s market presence in the generic pharmaceutical industry. More about
Bitcoin rally runs out of steam, currency fights to reclaim $100,000
The history of Bitcoin, which is down 14%, is helpful in trying to predict what will happen next.
The stock market slumped today. Why is the 'Santa rally' over?
Investors became gloomy on Friday, threatening to derail a long winning streak for stocks, as inflation remained high.
Stock market today: Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold
Wall Street looked to be slogging to the finish of a largely triumphant year.
Stocks drop in thin year-end trade amid tax selling, profit taking
The Dow Jones Industrial Average fell 0.95%, the S&P 500 was down 1.33% and the Nasdaq Composite briefly was down 1.72%. That’s another reason I think this isn’t causing more apprehension heading into a weekend: it’s not uncommon for the market to hit air pockets when the volumes are light, and it’s been a slow week.
Oil Gains in Slow Year-End Trading With Focus on 2025 Risks
(Bloomberg) -- Oil rose in thin end-of-year trading, with investors assessing the outlook for 2025 while tracking developments in the Middle East.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024West Texas Intermediate climbed 1.4% to settle near $71 a barrel, while Brent topped $74. A gauge of 10-day volatility for WTI ebbed to the lowest since July. In the Middle East, Israel struck targets in Yemen that it said were controlled by Houthis, including power sta
Bitcoin Options Worth Over $14 Billion Expired Today, One Of The Biggest Events In History: Here's What Crypto Investors Should Expect
The cryptocurrency market could experience major volatility following the largest Bitcoin (CRYPTO: BTC) options expiry in history on Friday. What Happened: According to leading cryptocurrency derivatives exchange Deribit, Bitcoin options contracts, with nearly $14.38 billion in notional value expired at 3:00 a.m. ET. This figure accounted for 70% of the total Open Interest for BTC options across different expiration dates. Don’t Miss: It’s no wonder Jeff Bezos holds over $70 million in art — thi