Latest Market News

Dec 31
Dow snaps winning streak as U.S. stocks close lower Thursday

U.S. stock indexes ended lower Thursday, with the Dow Jones Industrial Average snapping its winning streak before the final day of trading in 2021. The Dow DJIA, -0.25% fell around 0.3%, ending a stretch of six straight days of gains, while the S&P 500 SPX, -0.30% slipped 0.3% and the Nasdaq Composite COMP, -0.16% dipped […]

Dec 30
SEC chair has a new senior adviser for crypto

Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. 2515 Total views 41 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice […]

Dec 30
AMD pushes back timeline for closing of Xilinx merger

With just one day to go in the year, Advanced Micro Devices Inc. AMD, -2.10% admitted Thursday that its acquisition of fellow semiconductor company Xilinx Inc. XLNX, -1.71% would not close by the end of 2021, but did say it expects the deal to be sealed early in the new year. In a joint, uncredited […]

Dec 30
Russian bank Sber launches blockchain ETF tracking Coinbase, Galaxy Digital

Called “Sber — Blockchain Economy,” the ETF will trade under the ticker SBBE and track major crypto companies. 3330 Total views 46 Total shares Sber, the Russian government-backed company and the largest bank in the country, is launching a blockchain exchange-traded fund (ETF) to track the performance of major crypto companies, such as Coinbase and […]

Dec 30
U.S. oil's 7-session rally helps to deepen climb to highs not seen since late November

U.S. oil futures end higher Thursday, with crude turning positive intraday as fading omicron concerns and signs of strong uptake of energy-related assets helped to support year-end buying. West Texas Intermediate crude for February delivery CLG22, +0.18% CL00, +0.18% traded 43 cents, or 0.6%, higher to end at $76.99 a barrel on the New York […]

Dec 30
Santo Blockchain to deliver 50 Bitcoin ATMs to Panama

Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022. A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama […]