Dow slides 400 points as rising yields and oil prices hit tech stocks
US stocks fell sharply on Friday as rising Treasury yields, persistent inflation concerns, and escalating energy prices pressured markets following another record-setting session
Economy
Economy
Ethereum eyes recovery above $2,300: Check forecast
Ethereum (ETH) is attempting to recover above the $2,300 level on Friday after a week of declining network activity. At press time, Ether
Economy
US industrial production rises 0.7% in april, beats estimates
US industrial production rebounded strongly in April, while retail sales continued to show resilience despite mounting inflationary pressures across the economy. According to
Economy
Commodity wrap: Gold dives 3%, silver sinks 10% as oil climbs on Hormuz fears
Gold prices slid more than 3%, and silver plunged over 10% on Friday as sentiment in the precious metals market soured drastically. Oil
Economy
Why Nvidia stock is crashing around 4% on Friday
Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record
Gold
US jobless claims rise while retail sales in April grow on higher gasoline prices
US unemployment claims rose moderately last week but were still within acceptable limits as businesses refrained from executing mass-level layoffs even as they
Gold
US retail sales increase 0.5% despite inflation pressures
US retail sales rose in April, signalling continued resilience in consumer spending even as inflationary pressures intensified across the economy. According to data
Gold
Klarna stock: here’s why this Affirm rival is pumping today
Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by
Gold
Dow reclaims 50,000 as Nvidia, Cisco rally lifts US stocks higher
US stocks opened higher on Thursday as investors reacted to strong earnings from technology companies and optimism surrounding the US-China summit. The continued
Gold
Grvt expands wealth platform with Centrifuge yield integration
Grvt, a self-custodial onchain trading and wealth platform built on ZKSync, announced Thursday that it is integrating the Janus Henderson Anemoy Treasury Fund