Can the furniture market withstand further inflationary pressures in 2023?
GlobalData forecasts a 2.8% dip in the furniture market due to the impact of interest rate hikes and a dampened housing market.
Solana-based Drift Protocol Launches BET Prediction Market, Challenging Polymarket
Solana-based perpetual decentralized exchange Drift Protocol unveiled BET, which stands for Bullish on Everything, a prediction market platform.
Stock rebound wanes as investors await US job data, Fed
SINGAPORE (Reuters) -Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%. Japan's Nikkei fell 1% at the open as a recovery from its collapse in early August runs into resistance around the 38,000 level, but it recovered to trade 0.3% lower in the afternoon.
Mt. Gox Moves $700M in Bitcoin, BTC Unmoved at $59K
According to Galaxy's Alex Thorn expects only 1,265 BTC, woth over $70 million, may be offloaded in the market.
As Democrats gather, investors gauge market impact from a Harris administration
Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy. Harris' nomination is in focus this week at the Democratic convention after her late entry following President Joe Biden's withdrawal tightened the race against Republican candidate Donald Trump. Investors’ views on markets are typically shaped by factors such as the economy's strength and the trajectory of interest rates, but the question of how a Harris White House could approach policy, regulations and taxation looms large.
Stock market today: Stocks snap the 9-day rally as investors gear up for key labor report
The S&P 500 failed to extend its rally to a ninth day. Investors are adrift while they wait for new catalysts to restart the market's hot streak.
JD.com Leads Losses in China Tech Stocks on Walmart Stake Sale
(Bloomberg) -- China’s tech stocks slumped on concerns over the country’s consumption outlook following Walmart Inc.’s plan to sell its stake in JD.com Inc. and poor earnings from key players. Most Read from Bloomberg‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksClimate Disasters Are an Affordable Housing ProblemThe Hang Seng Tech Index was down 2.1% as of 11:20 a.m. local time, led lower by a 12% plunge in JD.co
Nvidia has added $765 billion to its market value in less than 2 weeks
Nvidia's $765 billion gain in market cap over eight trading days is more than the value of entire companies including Tesla, JPMorgan, and Walmart.
Rising prices will prolong America's home-affordability crisis with 89% of the market still overvalued, Fitch says
The ratings agency expects home prices to increase between 3% and 5% through year-end, despite an uptick in listings.
Watch These Netflix Price Levels After Stock Hits Record High
Shares Rose on News of Strong Ad Sales