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IBC Group To End Bitcoin And Ethereum Mining In China, And Move Staff To UAE, Canada, USA, Kazakhstan, Iceland, And Various South American Countries
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IBC Group to end Bitcoin and Ethereum mining in China
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Techs Lead U.S. Equity Rebound After Jobs Report: Markets Wrap
This content was published on May 20, 2021 - 18:57
May 20, 2021 - 18:57
(Bloomberg) Technology companies led a rebound in U.S. equities on Thursday after a report showing applications for state unemployment insurance fell last week to a fresh pandemic low rekindled optimism in the economic recovery.
The Nasdaq 100 Index jumped to a two-week high, with gains in megacaps including Apple Inc., Microsoft Corp. and Tesla Corp. powering the advance. Tech stocks rose the most in the S&P 500 as 10 of the main 11 industry groups moved higher. Ford Motor Co. rose for the first time in three sessions on plans to create a joint venture to manufacture electric-vehicle batteries in the U.S. European equities rebounded from a two-week low as carmakers and financial-services firms led gains.
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