Sell stocks as another correction is coming, strategist warns
The bond market is signaling an upcoming correction and investors should sell their shares in listed companies, a strategist told CNBC Tuesday. Borrowing costs have gone up over the last few weeks, with the yield on both the 10-year U.S....
US hikes tariffs on Chinese steel exported via Vietnam
The United States has raised tariffs on steel from Vietnam that Washington says originated in China and evaded anti-dumping duties on Chinese steel. The announcement following this week’s truce in a broader trade dispute between Beijing and Washington reflects the...
Australian Dollar Leads Commodity Currencies Higher on Strong Risk Appetite
Global markets are blessed by strong risk appetite this week so far. DOW closed up 298.2 pts or 1.21% at 25013.29. S&P 500 also gained 0.74% while NASDAQ jumped 0.54%. FTSE jumped to record high at 7859.17 while CAC 40...
Bitcoin cash is a must-own, says crypto investor Brian Kelly
Cryptocurrency investor Brian Kelly said Monday bitcoin cash is the must-own digital currency of the moment. On Saturday, bitcoin cash miners met to discuss funding for a bitcoin cash development fund, he told CNBC. In the fund, miners are “going...
Micron shares spike in after-hours trading after a deal with Intel
Micron Technology shares spiked nearly 4 percent in after-hours trading after it announced a deal with Intel to make and ship the next generation of chips used in flash drives and digital cameras. And then came news that Micron would...
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