In brief Bitcoin has rebounded 4.5% since Saturday, nearing its mid-July record of $122,838. Derivatives data shows a jump in open interest, pointing to a surge in leveraged long bets. Traders are watching Tuesday’s CPI release for clues on potential Fed rate cuts. Bitcoin is expected to break its all-time high this month as a positive macroeconomic outlook continues to …
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Colorado wildfires burn more than 120,000 acres as firefighters await better weather : NPR
Firefighting operations on Colorado’s Highway 13, responding to the Lee Fire. John Hecker/InciWeb hide caption toggle caption John Hecker/InciWeb In western Colorado, firefighters are up against more windy and hot weather as they try to protect homes and oil and gas resources from a pair of lightning-caused wildfires that have rapidly grown in the last few days, consuming more than …
Read More »Fed Meeting Today: Dow Futures Waver as Investors Await Earnings, Rate Decision — Live Updates – The Wall Street Journal
Fed Meeting Today: Dow Futures Waver as Investors Await Earnings, Rate Decision — Live Updates The Wall Street Journal Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates CNBC Stock Market Today: Dow Rises Ahead Of Fed Decision, Powell; Nvidia Gains On Price-Target Hike (Live Coverage) Investor’s Business Daily Stock market today: S&P 500 snaps 6-day record …
Read More »S&P 500, Nasdaq Close at New Highs as Investors Await More Trade News, Brace for Big Tech Earnings, Fed Decision This Week
Biggest S&P 500 Movers on Monday 2 hr 1 min ago Advancers Shares of server maker Super Micro Computer (SMCI) surged more than 10%, notching the S&P 500’s top daily performance. Supermicro is set to release its quarterly results on Aug. 5. Monday’s push higher for the stock followed reports that President Donald Trump has loosened restrictions on technological exports …
Read More »investors await Fed chair Powell’s speech
U.S. Treasury yields crept higher on Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s speech. The 10-year Treasury yield was more than 2 basis points higher at 4.396%. The 2-year yield rose more than 1 basis point to 3.871%. The 30-year yield was more than 2 basis points higher at 4.966%. One basis point is equal to 0.01%, and yields and prices move in opposite …
Read More »Bitcoin’s bounce, bid stacking, & the regulatory spark the bulls await
Key Takeaways Bitcoin’s bounce off $117k, and heavy bid stacking hint that bulls aren’t done yet. Rebounding spot demand suggests it could be dry powder prepping for re-entry as “Crypto Week” heats up. Bitcoin’s [BTC] 1.32% intraday bounce off its previous day’s $117k close is another reminder that a confirmed local top isn’t here yet. The $90 million short liquidity …
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