All Posts in "gains"

What’s Behind Ethereum’s Massive Price Gains

Ethereum (ETH) has gained almost 30% this week, taking it close to its May all-time high of over $4,360. Today it broke the $4,000 barrier for the first time in three months, and many analysts were optimistic that the price could increase even further.

There are several factors driving Ethereum’s growth, from a surge in demand for non-fungible tokens (NFTs) to an overall rally in cryptocurrency prices. Let’s look at some of the reasons in more detail.

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Nicky Chicca by — September 4, 2021 in Cryptocurrency Meaning
S&P 500 slips as cyclical slide counters tech gains

A trader will work on the trading floor at the New York Inventory Trade (NYSE) in Manhattan, New York Metropolis, U.S., August 5, 2021. REUTERS/Andrew Kelly

  • Power sector worst performer, elements weak
  • Macy’s, Kohl’s increase on mountaineering once-a-year assistance
  • U.S. weekly jobless promises strike 17-month lower
  • Dow down .47%, S&P down .11%, Nasdaq up .04%

Aug 19 (Reuters) – The S&P 500 edged down in choppy investing on Thursday, with losses in cyclical sectors countering gains in tech shares, as investors took the pulse of the economic rebound and gauged when the Federal Reserve may mood its monetary stimulus.

Tech also supported the Nasdaq, even though the Dow industrials moved lower, as economically delicate sectors this sort of as power and components had been weak.

Facts confirmed that the number of Us citizens filing new promises for unemployment positive aspects fell to a 17-thirty day period low final week, pointing

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Nicky Chicca by — August 20, 2021 in Er Tech
Wall Avenue ekes out gains, led by tech, advancement stocks

  • Weekly jobless promises rise unexpectedly
  • Airways dip immediately after Southwest, American Airways benefits
  • Intel dips in extended trading immediately after boosting profits steerage
  • Indexes up: Dow .07%, S&P .20%, Nasdaq .36%

NEW YORK, July 22 (Reuters) – Large tech helped Wall Avenue inch up to a increased shut on Thursday, modestly creating on a two-working day rally as lackluster economic knowledge and blended company earnings prompted a pivot again to growth shares.

A pull-back in economically delicate cyclicals saved the S&P 500’s and the blue-chip Dow’s gains muted, when small-caps (.RUT) underperformed their bigger rivals.

But megacap tech and tech-adjacent shares, these types of as Microsoft Corp (MSFT.O), Amazon.com (AMZN.O), Apple Inc (AAPL.O), Facebook Inc (FB.O) and Alphabet Inc (GOOGL.O), rose forward of their quarterly results subsequent 7 days, putting the Nasdaq out front.

All three key U.S. inventory indexes finished the session in just 1% of their report closing

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Nicky Chicca by — July 27, 2021 in Er Tech