Digital currency bitcoin jumped to a record high above $1,200 on Friday, as investors speculated the first bitcoin exchange-traded fund (ETF) to be issued in the United States is set to receive regulatory approval.
Wall Street edged higher on Friday, with the Dow extending its streak of record-setting gains to 11 days, as increases in utilities and other safety plays outweighed declines in financials.
Digital currency bitcoin hit its highest levels in more than three years on Thursday and came within $3 of an all-time peak, on speculation that the first bitcoin exchange-traded fund (ETF) is set to receive approval from the U.S. financial regulator.
U.S. Treasury Secretary Steven Mnuchin said although he sees a limited impact from the Trump Administration’s policies in 2017, short-term increases in the Dollar reflect optimism over President Trump’s economic plan.
U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.
Former UBS Americas Chairman & CEO Robert Wolf weighs in on the border-adjusted corporate tax reform.
U.S. stocks were modestly weaker on Wednesday after the release of minutes from the Federal Reserve's latest meeting showed many of the central bank's policymakers said it may be appropriate to raise interest rates again "fairly soon."
U.S. stocks rose to fresh record highs on Tuesday, boosted by strong earnings reports from Wal-Mart and Home Depot and continued optimism about the economic agenda of President Donald Trump.
The dollar weakened against a basket of major currencies on Thursday, posting its steepest one-day drop in over two weeks, due to lower U.S. bond yields and uncertainty over the timing of the Federal Reserve's next interest rate increase.
The Dow Jones Industrial Average barely reached a seventh straight record high on Friday and the S&P 500 and Nasdaq also closed at a record as gains in Kraft Heinz helped offset selling in energy stocks.
The Dow Jones Industrial Average scored its sixth straight record high on Thursday, but just barely, while the S&P 500 edged lower due to declining energy stocks.
The dollar held gains near a 3-1/2-week high on Wednesday after Federal Reserve Chair Janet Yellen signalled a faster pace of U.S. interest rate hikes.
Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest rates.
Shares in Asia fell back after an early rally on Tuesday, as investors awaited comments to Congress by Federal Reserve chair Janet Yellen.
U.S. equity markets on Monday traded at fresh all-time highs, extending last week’s record run as investors hold onto expectations of rising inflation and more fiscal stimulus from President Donald Trump’s administration.
Wall Street's main stock indexes rose to fresh all-time closing highs as a spike in oil prices supported energy shares and investors renewed their optimism about President Donald Trump's economic agenda.
The dollar rose across the board on Thursday, posting its best one-day gain against the yen in three weeks, after comments from U.S. President Donald Trump that he would make a major announcement on a "phenomenal" tax plan in the next few weeks
U.S. stocks rose on Thursday, with the Nasdaq hitting a record high, helped by higher oil prices.
Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump had a head start building rapport at a previous meeting, and hope to build on it in Washington on Friday.
Shares were mostly higher in Asia on Thursday after the Nasdaq composite set a new record for the second day in a row.