(Bloomberg) — Asian stocks are set for a cautious open Monday after a slew of worse than expected Chinese economic activity data landed over the weekend.Most Read from BloombergFutures point to a decline in Hong Kong shares, and a small gain for Australia’s benchmark. US equity futures were steady in early trading after the S&P 500 rose 0.5% on Friday. Moves in Asian markets may be exacerbated by thin trading with Japan and mainland China closed for a holiday.Chinese factory output, consumption and investment all slowed more than forecast for August, while the jobless rate unexpectedly hit a six-month high.…
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Join Our Telegram channel to stay up to date on breaking news coverage The Stellar price prediction shows that XLM could face up, and a break above $0.100 is expected to keep the coin above the moving averages. Stellar Prediction Statistics Data: Stellar price now – $0.097 Stellar market cap – $2.85 billion Stellar circulating supply – 29.6 billion Stellar total supply – 50 billion Stellar Coinmarketcap ranking – #29 It’s often said that getting into a crypto project early can be highly rewarding, and Stellar (XLM) is a prime example of the dramatic gains possible in the space. Since…
Join Our Telegram channel to stay up to date on breaking news coverage In a bearish market, strategic investors know the value of balancing short-term gains with long-term potential. While some tokens offer quick wins, others show steady growth over time, making them perfect for different kinds of investors. Whether you’re looking for immediate profits or planning to hold for the future, the top crypto gainers discussed in this article have been carefully selected. They each have a strong track record of performing in both the short and long term. Let’s jump right into it and gain valuable insights into…
Spencer Platt/Getty ImagesMore analysts are recommending “defensive” shares over AI plays as macro conditions change.Utilities, a classic defensive sector, are going toe-to-toe with tech.With some questioning the AI rally, investors could benefit from non-tech growth companies, an analyst said.Defensive recommendations have taken center stage on Wall Street as the artificial intelligence trade shows signs of being overextended and as economic conditions change.Utility stocks — a common buy when times look tough — have gone toe-to-toe with the technology sector’s blowout performance this year. Year-to-date, the utilities and tech sectors have gained 22.08% and 25.69%, respectively.Defensive sectors of the stock market,…
The Pittsburgh Steelers aren’t getting much production on offense. That doesn’t matter much when your defense isn’t allowing anything at all.The Steelers won in Week 1 without scoring a touchdown, then won in Week 2 scoring just one touchdown. The Steelers are 2-0 with two road wins despite some offensive issues, mostly because the defense looks great yet again.The Steelers crushed Broncos rookie quarterback Bo Nix, with T.J. Watt having another fantastic game and everyone else doing their part. The Broncos were stuck on three points for 58 minutes, got another field goal in the final two minutes but couldn’t…
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which was the worst of the year. This kind of reversal has to be mentioned, even if it only shows the trivial nature of these big increases and declines. These are moves you might as well chalk up to meaningless volatility, largely based on random articles…
David Baddiel has “no plans” to write for the Jewish Chronicle following columnists resigning from the newspaper over allegations about its coverage being inaccurate.On Friday, the newspaper gave an apology to its readers after removing freelance journalist Elon Perry’s articles online due to it being “not satisfied with some of his claims” following an investigation into his allegations about the Israel-Hamas war.Statements were then released by Jonathan Freedland, a BBC Radio 4 presenter of The Long View programme, journalist Hadley Freeman, and ex-The Times columnist David Aaronovitch on Sunday saying they have left the London paper.Baddiel’s spokesman told the PA…
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By Saqib Iqbal AhmedNEW YORK (Reuters) – U.S. stock futures and the dollar were little changed on Sunday after Republican presidential candidate Donald Trump was safe following what the FBI said appeared to be an assassination attempt outside Trump’s golf course in West Palm Beach, Florida.Secret Service agents engaged a gunman in some bushes near the property line of the golf course and fired at least four rounds of ammunition, law enforcement officials said during an afternoon press conference.S&P 500 e-minis were down 0.04%. The Dollar Index, which measures the U.S. currency’s strength against six major peers, was down 0.03%…
Join Our Telegram channel to stay up to date on breaking news coverage XRP’s price has experienced a notable surge, increasing by 12% over the past seven days to trade at $0.586 at the time of writing. This article will explore whether XRP can reach the $1 mark again and reflect on its past performance. Historically, $XRP saw significant market cycles in 2017 due to its unique position in the crypto market with limited competition at the time. However, each cycle has shown diminishing returns as market saturation and political factors have increased. Recently, $XRP’s price spiked following the launch…