Page 13 - Eric Diton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Jun 23 2021, 9:33 AM June 22 2021, 5:57 PM June 23 2021, 9:33 AM (Bloomberg) -- Bitcoin extended gains in Asia trading Wednesday, bouncing back after earlier whipsawing investors with a dip below the $30,000 level. (Bloomberg) -- Bitcoin extended gains in Asia trading Wednesday, bouncing back after earlier whipsawing investors with a dip below the $30,000 level. The largest cryptocurrency rose as much as 4.5% and was trading at $33,837 as of 9:38 a.m. in Hong Kong. The coin plunged 12% at one point during U.S. trading hours Tuesday to hit $28,824, which briefly took it into negative territory...

Opening Call: Europe is primed for a positive open on Monday, on expectations the Fed will maintain its dovish message later this week. In Asia, most major stock benchmarks were higher, along with the dollar and oil, but gold prices lost further ground and Treasury yields were flat. Equities: European shares should extend gains on Monday, with the Stoxx Europe 600 likely to push further into record territory, as investors look ahead to an expected dovish Fed meeting this week. "There's probably some chance of a bit more of a 'let's-see-what-they-have-to-say type of approach," sa...

Oil jumps 5% as decline in US inventories follows brighter demand outlook from OPEC Carla MozéeApr 15, 2021, 01:28 IST Workers drill at the Saudi Aramco oil field complex facilities.Reza/Getty Images West Texas Intermediate and Brent oil prices stepped up to three-week highs on Wednesday. US data showed weekly oil supplies fell by 5.9 million barrels, outstripping expectations of a drawdown of 2.9 million barrels. The short-term picture for oil appears favorable but the long-term view is dampened, says one analyst. Oil prices hit a three-week high Wednesday, with a drop in weekly US oil...

Tech stocks weigh on S&P 500, Nasdaq with Fed on deck By Shashank Nayar and Medha Singh Reuters (Reuters) - The S&P 500 and the Nasdaq dropped on Wednesday as U.S. bond yields spiked ahead of the Federal Reserve's policy statement which could provide hints on whether the central bank would raise interest rates sooner than expected. The benchmark 10-year yield ticked up to a new 13-month high of 1.676%, denting demand for some high-growth technology stocks and pressuring the Nasdaq by about 1%. Fears that $1.9 trillion dollar stimulus would overheat the economy have triggered a rapid spik...

3 Min Read (Reuters) - The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero. It was the first time the Dow closed above 33,000 points. In its statement following its two-day policy meeting, the Federal Reserve projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come. Wall Street extended gains a...