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Retail bitcoin traders rival Wall Street buyers as mania builds - Article bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Stocks surge to end higher Wednesday, even as bond yields scale new heights, after Federal Reserve Chairman Jerome Powell's second day of dovish testimony helped restore bullish sentiment on Wall Street. ....
Redditors declaration of war on hedge funds might be ugly, but it won t break the system, pros say Read full article January 29, 2021, 4:22 PM·3 min read A wild week on Wall Street ended in much the way it had begun, with day traders pouring money into a handful of troubled stocks as the broader market churned with volatility over vaccine worries, corporate earnings and short-sellers scrambling to regain their footing. Retail investors many newly minted, their exposure to the market facilitated by apps like Robinhood and their education limited to the raucous hive mind of Reddit message boards continued to inflate the price of GameStop and other companies pegged by short-sellers for failure, such as AMC Entertainment and Bed Bath & Beyond. ....
US STOCKS-Wall St takes off with the power of big tech, pulls dismal data News Highlights: US STOCKS-Wall St takes off with the power of big tech, pulls dismal data (For a Reuters live blog on US, UK and European stock markets, click LIVE / or type LIVE / in a news box) Weekly fall in unemployment benefits, but still high US economy contracts in 2020; worst performance since 1946 Recommended American Airlines joins retail By Devik Jain and Shreyashi Sanyal Jan 28 (Reuters) – Major Wall Street indices rallied Thursday as a reversal of declines in mega-cap technology stocks helped investors look at past data showing another sharp contraction in the US economy. ....
US: Wall St rises on big-tech strength, shrugs off bleak data businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.