Breaking News: Investing
Bitcoin tops $82,000 as crypto euphoria over Trump win shows no sign of waning
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Bitcoin hit another high on Monday, as the rally in cryptocurrencies continued following Donald Trump’s election win. By 5:30 a.m. ET, bitcoin was trading 3.6% higher at $82,171, according to Coin Metrics. It comes after the flagship cryptocurrency touched $80,000 on Sunday for the first […]
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Bitcoin hits $80,000 for the first time as crypto traders bask in Trump election victory
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever. The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%, after passing the $3,000 level on Saturday. It last changed […]
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These stocks have major upside because of potential Trump policies, analysts say
Wall Street analysts are looking ahead to President-elect Donald Trump’s return to the White House, and many stocks could be poised to benefit. CNBC Pro combed through the most recent Wall Street research to find companies analysts really like heading into 2025 based on potential Trump policies. They include General Motors, Ford Motor, Robinhood , […]
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Inflation data will be key hurdle to get through next week after stock market’s historic postelection rally
Inflation data in the week ahead could determine whether a stock market that surged to all-time highs after Donald Trump ‘s decisive victory can continue to push higher. The October consumer and producer prices data are set to release Wednesday and Thursday, respectively, right after the Federal Reserve cut interest rates this week by a […]
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DoubleLine’s Gundlach says expect higher rates if Republicans also win the House
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a […]
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The four best bank stocks to own amid the Trump trade, according to top analyst Graseck
A Donald Trump presidency and Republican-controlled Senate could boost big banks, according to Morgan Stanley analyst Betsy Graseck. To Graseck’s point, financials jumped more than 6% on Wednesday — the sector’s best day since November 2020 — following Trump’s win. Financials were also the top-performing sector on the day as expectations of a deregulatory push […]
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Global ETFs slide as investors see Trump tariff policies hurting trade
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images U.S.-listed funds tracking global stocks largely pulled back in Wednesday’s session as investors considered Donald Trump’s victory harmful to international equities. Closely followed exchange-traded funds from iShares tracking […]
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Dogecoin and other memecoins surge as crypto traders position for a Trump election victory
In this photo illustration, the Elon Musk’s twitter account seen displayed on a mobile phone screen with a Dogecoin logo in the background. Adrees Abbas | Lightrocket | Getty Images Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term. […]
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10-year Treasury yield rises with all eyes on the U.S. election
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in early trading Tuesday evening as investors awaited results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield traded 7 […]
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