Latest Market News
Bitcoin (BTC) has been in a rut, and BTC’s price is likely to stay in its current downtrend. But like I mentioned last week, when nobody is talking about Bitcoin, that’s usually the best time to be buying Bitcoin. In the last week, the price took another tumble, dropping below $19,000 on Sept. 6 and […]
Shares of Caterpillar Inc. CAT, +3.46% climbed 3.3% in morning trading Friday, enough to pace the Dow Jones Industrial Average’s DJIA, +1.19% gainers, after the construction and mining equipment maker said the settlement reached wit the U.S. Internal Revenue Service included no penalty payments. The stock’s price gain of $5.97 was adding about 39 points […]
U.S. stocks finished higher on Friday, rising for a third straight day while also recording a gain for the week after three weekly losses. The S&P 500 SPX, +1.53% rose 61.18 points, or 1.5%, to 4,067.36, while the Dow Jones Industrial Average climbed 377.19 points, or 1.2%, to 32,151.71. The Nasdaq Composite COMP, +2.11% advanced […]
Oil futures finished higher on Friday, with supply concerns helping prices pare their loss for the week. Still, “lately it has been mostly bad news for oil prices as demand concerns worsened given China’s deteriorating COVID situation, a surprise jump in stockpiles, and on expectations world leaders will continue to exhaust emergency measures to send […]
Gold futures finished higher on Friday, contributing to a modest gain for the week. A pullback in the U.S. dollar helped gold regain lost ground, analysts said, even as Federal Reserve Governor Christopher Waller on Friday said the Fed may have to raise its benchmark interest rate well above 4% if inflation does not moderate […]
Restaurant Brands International Inc.’s QSR, +0.51% Burger King Co. said Friday that it will invest $400 million over the next two years on its “Reclaim the Flame” plan, aimed at accelerating sales growth and improving franchisee profits. The plan includes $150 million in advertising and digital investments $250 million on restaurant technology, kitchen equipment, building […]