Wall Street rally stalls out, weighed by crypto losses
U.S. stocks gave back some of last week’s gains on Monday, as bitcoin fell again. Investors turned cautious, underscoring how cryptocurrency setbacks are rippling through broader markets.
U.S. stocks gave back some of last week’s gains on Monday, as bitcoin fell again. Investors turned cautious, underscoring how cryptocurrency setbacks are rippling through broader markets.
Brent and WTI crude prices have shown little movement over the past week, reflecting an overwhelmingly negative market sentiment. Concerns about oversupply and weak demand remain major factors holding prices in check.
A new spotlight on one Russell 2000 company casts it as a strong contender, while two of its peers face uncertainty. Meanwhile, Spotify Technology’s impressive third-quarter performance led to a notable rise in its share price, further reflecting the shifting tides in today’s market.
U.S. stock futures hovered near flat levels on Sunday evening, signaling a restrained kickoff to the month of November. Market watchers noted the quiet tone ahead of the week’s first full trading day.
Gold has extended its steepest decline in more than five years, casting doubt on one of this year’s top trades. Meanwhile, investors in equities remain calm as bond markets take the brunt of the pressure.
KLP Kapitalforvaltning AS raised its stake in United Natural Foods, Inc. by acquiring 800 additional shares, reflecting a 6.4% boost in its holdings. A recent SEC filing shows the investor now holds 13,300 shares in total.
Global Strategic Investment Solutions LLC recently scaled back its stake in Vanguard Small-Cap ETF by 1.4%. The firm sold 74 shares during the second quarter, leaving it with 5,368 shares in total.
Despite a government shutdown, leading AI companies like Nvidia are keeping the stock market near record highs. Investor enthusiasm remains strong, driving Apple and other major tech stocks to new peaks.
Consolidated Portfolio Review Corp signaled its continued interest in MetLife, Inc. by raising its stake in the second quarter. A recent SEC filing reports a 6.8% increase, reflecting a strategic investment in the financial services giant.
High Net Worth Advisory Group LLC recently reduced its position in SPDR Gold Shares by more than a third during the second quarter. The move, which involved selling over 2,000 shares of the popular gold-backed exchange-traded fund, reflects shifting strategies in one investment firm’s portfolio.