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Bitcoin extends weekly drop as doubts swirl over crypto boom

Stocks Rise With U S Futures; Dollar Advances: Markets Wrap

Stocks Hit Record as Biden Calls for More Stimulus: Markets Wrap Bloomberg 1/8/2021 Rita Nazareth and Kamaron Leach (Bloomberg) Stocks climbed to all-time highs after President-elect Joe Biden said he’ll lay out the details of trillions of dollars in further aid to revive the world’s largest economy. The S&P 500 notched its fourth straight day of gains, led by retailers and real-estate companies. The Nasdaq 100 outperformed, with Tesla Inc. surging for an 11th consecutive session. Meanwhile, the KBW Bank Index halted a rally that drove the gauge up more than 10% in three days. Miners joined a selloff in gold and silver. The dollar rose.

08Jan2021 Pre-Market Commentary: Wall Street Expected To Open Higher, DOW Up 76 Points, Nasdaq Up +0 5%, WTI Crude Climbs Higher To 51 51, Gold Slips 1880, Bitcoin At 41300, Rail Down 7 2% For The Year

Huge December Payrolls Miss: 140,000 Jobs Lost, Worst Month Since April (SPY +0.4%). SP Futures Hit Record High Above 3,800 Ahead Of Dismal Payrolls Report. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 0.70% while the CAC 40 gains 0.70%. The FTSE 100 is off 0.08%. What Is Moving the Markets Here are the headlines moving the markets. The Future For Natural Gas Is Far From Certain Natural gas seems to be locked in a range that prevents it from being truly economic across the demand cycle. As you can see from the graphic below, for about half of 2020 it was below the $2.00 mark. Weather forecasts for a cold winter, beginning in August of 2020, began to ramp it toward its ultimate 2020 high of ~$3.50 per MCF on October 30th. If you average out the 2020 sales price for gas you get something like $2.17 MCF. MarketWatch Thats a price that most of the gas drillers can make a little money on, but it does nothing for their

White-knuckle Bitcoin rally powers crypto s best week since 2017

White-knuckle Bitcoin rally powers crypto s best week since 2017
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