Tag: Bloomberg

Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto

Market
(Bloomberg) -- Bitcoin closed in on the historic $100,000 level, fueled by optimism that President-elect Donald Trump’s support for...

Japan and China Dump US Treasuries Before Trump’s Victory

Market
(Bloomberg) -- Two of the world’s biggest foreign holders of US government debt offloaded a pile of Treasuries in...

Goldman Says ‘Go for Gold’ as Central Banks Buy, Fed Cuts in ‘25

Market
(Bloomberg) -- Gold will rally to a record next year on central-bank buying and US interest rate cuts, according...

Truth Social, Late Calls Take Over Economists’ Lives Under Trump

Market
(Bloomberg) -- Rob Subbaraman is preparing for his second Trump presidency with a new accessory in his economist toolkit:...

US Futures Retreat as Post-Election Rally Stalls: Markets Wrap

Market
(Bloomberg) -- US futures fell after Jerome Powell signaled the Federal Reserve was in no rush to cut interest...

Asian Stocks Fall as China, Strong Dollar Weigh: Markets Wrap

Market
(Bloomberg) -- Asian equities declined Thursday as the dollar’s sustained strength and weakness in China weighed on the region’s...

Stocks Drop as Traders Brace for Trump’s US Agenda: Markets Wrap

Market
(Bloomberg) -- Asian stocks fell to the lowest level in almost two months on concerns US President-elect Donald Trump’s...

US Futures Steady, Await Trump Cabinet Details: Markets Wrap

Market
(Bloomberg) -- A five-day rally in the S&P 500 looked set to stall amid unease over expensive equity valuations...

Chinese Stocks in Hong Kong Fall as Fiscal Plan Fails to Impress

Market
(Bloomberg) -- Chinese stocks in Hong Kong declined after a high-profile legislative meeting let down some investors who had...

Asian Shares Pare Gains as Focus Switches to China: Markets Wrap

Market
(Bloomberg) -- Asian equities pared gains Friday as investors awaited the outcome of a key legislature meeting in China...

Trump Trades Gain Momentum as Stocks, Yields Rise: Markets Wrap

Market
(Bloomberg) -- A slew of trades around the world tied to Donald Trump’s rising presidential prospects notched decisive moves, with stocks extending gains,...

ADM to Amend Results, Cancels Call on More Accounting Errors

Market
(Bloomberg) -- Archer-Daniels-Midland Co. said it will amend previous financial statements after finding additional accounting issues, prompting the crop...
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