Latest Market News

Feb 01
Dow transports charges higher as record UPS stock surge provides a near 200-point boost

The Dow Jones Transportation Average DJT, +1.68% charged up 281 points, or 1.8%, to outperform the broader stock market by a wide margin, as big surge in United Parcel Service Inc.’s stock UPS, +15.29% on the back of a blowout fourth-quarter report provided a boost. UPS’s stock powered up 15.3% toward a one-day record gain […]

Feb 01
Bitcoin market cap dominance hits 2-month high as altcoins struggle

Bitcoin (BTC) is retaking market share from altcoins after its market capitalization dominance hit its highest since November 2021 last week. Data from CoinMarketCap and TradingView reveals BTC briefly accounted for over 42% of the overall crypto market cap in late January. Bitcoin claws back market cap presence Having suffered on the way down from […]

Feb 01
Lowe's launches rewards program for home improvement professionals

Lowe’s Cos. LOW, -0.60% launched the MVPs Pro Rewards and Partnership Program in select areas on Tuesday, with the loyalty program going nationwide on March 7. Created for professionals in the home improvement business, the program offers e-gift cards based on spending, rewards for paint purchases, special resources, and more. Lowe’s has been increasingly focused […]

Feb 01
$2.5B in stolen BTC from Bitfinex hack awakens

The receiving wallet address now holds more than 90,000 Bitcoin worth about $3.6 billion. 3451 Total views 70 Total shares A chunk of the inactive Bitcoins (BTC) stolen in the 2016 Bitfinex exchange hack has moved from the hacker’s wallets to an unknown wallet on Tuesday, as detected by blockchain analytics bot Whale Alerts. 20 […]

Feb 01
Exxon Mobil's stock rallies toward 2 1/2-year high after profit beats expectations, revenue rises more than 80%

Shares of Exxon Mobil Corp. XOM, +0.90% rallied 1.8% toward a 2 1/2-year high in premarket trading Tuesday, after the oil giant swung to a net profit, with adjusted results beating estimates, and reported a more than 80% rise in revenue, although it came up shy of forecasts. Net income was $8.87 billion, or $2.08 […]

Feb 01
The Euro is slightly growing. Overview for 01.02.2022

EURUSD is rising amid “renascence” of enthusiasm for risks.  The major currency pair continues growing on Tuesday. The current quote for the instrument is 1.1262. The risk attitude in financial markets is improving and that makes the “greenback” less attractive.  In the meantime, the statistics from Germany showed that the Retail Sales dropped 5.5% m/m […]