Latest Market News

May 20
Dow, S&P 500 eke out gains Friday, but stocks book sharp weekly losses

Major U.S. stock indexes finished mostly higher Friday, eking out gains with a dramatic rally into the closing bell. The bounce allowed the S&P 500 index SPX, +0.01% to narrowly avoid a bear-market finish, while ending the session virtually flat around 3,901. The Dow Jones Industrial Average DJIA, +0.03% rose less than 0.1% and the […]

May 20
Ethereum devs tip The Merge will occur in August ‘if everything goes to plan’

Core Ethereum developer Preston Van Loon says that the network’s long-awaited transition to proof-of-stake will most likely happen this August. 6236 Total views 61 Total shares Ethereum’s long-awaited migration to a proof-of-stake (PoS) consensus mechanism, which has been pushed back time and time again, looks set to occur sometime in August — hopefully.  Preston Van […]

May 20
‘Growth scare’ permeates U.S. stocks as estimated $5 trillion to $8 trillion of household wealth evaporates in five months

Amid a sea of red in U.S. stock markets on Friday, a fundamental shift in investors’ thinking is taking place, one which analysts describe as a “growth scare.” A “growth scare” is characterized by a correction in anticipation of slowing economic growth, even if such a slowdown hasn’t yet been borne out by the data. […]

May 20
Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar strength declines after 20-year record Data from Cointelegraph Markets Pro and TradingView recorded a high of $30,725 for BTC/USD on Bitstamp. Still struggling to flip $30,000 to reliable support, […]

May 20
S&P 500 slips below bear-market threshold

The S&P 500 on Friday traded below 3,837.25, the level that marks a 20% pullback from the large-cap U.S. benchmark’s Jan. 3 record close. A finish below that level would meet the traditional definition of a bear market. The S&P 500 SPX, -1.51% was last at 3,837.48 after trading as low as 3,836.35. Source: Marketwatch

May 20
Press release on the suspension of trading in Audiovalley

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of Audiovalley, ISIN BE0974334667, on Euronext Brussels is suspended on the request of the company from 20/05/2022 at 16:50 CET until the publication of a press release.   Source: […]