Tag: Drops

Dow falls 700 points, Nasdaq drops nearly 3% after inflation reading hits 40-year high

Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices.The Dow Jones Industrial Average shed 755 points, or 2.3%. The S&P 500 fell 2.5%, while Nasdaq...

US import demand drops off a cliff : stocks

This freight waves publication has been a useful reference for the nature of market logistics. They were predicting a drop in freight costs, which they hit pretty accurately. Now they're saying that shipping...

Citi says oil should be around $70, as demand drops and recession looms : stocks

https://markets.businessinsider.com/news/commodities/oil-price-outlook-citi-70-demand-drops-recession-looms-brent-2022-6According to Citi's head of global commodity research, they're now a 1.4 million barrel/day decrease in demand, compared to their initial 2022 estimate (now 2.2 million expected, compared to 3.6 million), because of...

Bitcoin drops 1.5% on US market open amid warning miners may ‘capitulate’ in months

Bitcoin (BTC) fell in line with United States equities on May 31 as the return of Wall Street began with a whimper.Stocks take BTC price south againData from Cointelegraph Markets Pro and TradingView showed...

STEPN removes GPS in China amid regulatory concerns – price drops 40%

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!STEPN, the revolutionary move-to-earn project, has announced they will be forced to stop providing GPS services to users within...

Dollar drops as yen, Swiss franc draw safe-haven flows By Reuters

2/2 © Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. REUTERS/Dado Ruvic/Illustration//File Photo 2/2 By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped across the board on...

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