On Tuesday, March 12th, U.S. markets closed higher, with the S&P 500 closing at a record high, boosted by Oracle’s rally and consumer price data that kept hopes alive for upcoming interest rate cuts. According to economic data, in February 2024, inflation rose to...
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Reuters
US Stock Futures Indicate Flat Open After Mini-Relief Rally; Bitcoin Goes Past $73K While Gold Dulls: Analyst Stresses Need For Robust Earnings
After Tuesday’s relief rally that came after investors digested February inflation data, the mood has reverted to caution on Wall Street. Stock futures point to a flattish open on Wednesday. The absence of any major catalysts could increase indecision although traders...
White House Secretly Bullish On Bitcoin? Crypto Analyst Makes Bold Claim Based On 2025 Budget But Gets Community-Noted
Prominent cryptocurrency research analyst Pierre Rochard, VP of Research at Riot Platforms (NASDAQ:RIOT), has sparked a debate online over claims that the White House's 2025 budget, under President Joe Biden, projects a highly optimistic price target of $250,000 for...