Market volatility
Dow futures jumped 390 points as U.S. tariff exemptions on tech products boosted market sentiment, though uncertainty persists over their permanence.
U.S. stock markets are experiencing a powerful surge, recovering dramatically from initial volatility after President Trump’s China tariff announcement. Major indices are showing substantial gains, including the S&P 500 up by 9.48%, the Dow Jones by 7.80%, and the Nasdaq by 11.89%. However, European and Asian markets are showing a different trend, with significant declines…
Hong Kong’s Hang Seng Index plunged 13.2%, marking its steepest decline since 1997, as escalating US-China trade tensions rattled markets.
US tariffs on copper imports could be implemented within weeks, significantly earlier than expected, causing a surge in copper prices and market uncertainty.
MicroStrategy Incorporated (Nasdaq: MSTR), a global leader in enterprise analytics, has announced plans to issue up to $2 billion in perpetual preferred stock to fund its ongoing bitcoin acquisitions. This strategic move aligns with the company’s ambitious 21/21 Plan, which aims to secure $21 billion in equity and fixed-income instruments by 2028, fortifying its balance…
XRP, the cryptocurrency developed by Ripple Labs, has taken the market by storm, reaching $2.50 on December 2, 2024, its highest price in six years. This rally, marked by six consecutive days of gains, has pushed XRP to the third-largest cryptocurrency by market capitalization, overtaking Solana and Tether. The surge has reignited investor excitement and…