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Social Media drags Tech stocks, Dollar rebound continues, Oil down, Gold steadies, Bitcoin corrects - Vimarsana News

Social Media drags Tech stocks, Dollar rebound continues, Oil down, Gold steadies, Bitcoin corrects

Following 1/11/2021 5:08:23 PM GMT Investors are hitting the pause button with the relentless buying of US stocks as big-tech’s actions following the mayhem at the Capitol drags sentiment down.  Social media platforms have taken some strong positions following the Capitol riots and that is raising expectations that when the dust settles, Congressional efforts to regulate big tech will become high on the agenda.  The banning of President Trump’s major social media platforms was expected as big-tech tries to distance themselves from last week’s riots that lef...

Oil down, gold steadies, bitcoin corrects - MarketPulse - Vimarsana News

Oil down, gold steadies, bitcoin corrects - MarketPulse

Oil down, gold steadies, bitcoin corrects January 11, 2021SharePrint Crude prices are paring losses as the dollar rally stalls and after Pfizer and BioNTech boost their coronavirus vaccine targets for this year.  The rally with oil was getting out of hand and prices needed to pullback as the uncertainty over short-term crude demand remains elevated. Not only are virus lockdowns a risk but the implementation of vaccines is still hurdled with many logistical issues.  The process of determining who is eligible is constantly changing and signing up is not as easy as it should be.  Vaccine roll...