13May2021 Pre-Market Commentary: Wall Street To Open Higher, DOW Up 1 Point, Nasdaq Up 0.7%, WTI Crude Lower 64.71, Bitcoin 50100, Dogecoin $0.41
The Colonial Pipeline, reopened late yesterday (SPY +0.4%). $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. Americas Multi-Trillion Dollar Infrastructure Security Crisis Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United Stat...