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Showing posts from March, 2024

Stock futures rise as Wall Street readies for the start of the second quarter: Live updates - CNBC

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Traders work the floor of the New York Stock Exchange. NYSE Stock futures rose slightly on Sunday evening as Wall Street prepared for the start of the second quarter. Futures tied to the Dow Jones Industrial Average added 110 points, or 0.3%, while S&P 500 futures and Nasdaq-100 futures gained 0.3% and 0.5%, respectively. The personal consumption expenditures price index , released Friday during the market closure for Good Friday, showed inflation rose 2.8% in February, which is in line with expectations. The inflation gauge closely watched by the Federal Reserve also rose 0.3% from a month ago, the Commerce Department said. "This showcases progress on inflation is slow-moving and provides one more bullet in the bandolier of those who are calling the bluff on the Fed's next rate cut," said Giuseppe Sette, Toggle AI's co-founder and president. "As a reminder, the Fed keeps rates consistently higher than inflation, except when they foresee a slo

Companies rush to issue bonds to forestall market volatility ahead of US election - Financial Times

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Dow Jones Futures: Will Market Rally On 'Good' Inflation? Nvidia AI Chip Peer Works On Base - Investor's Business Daily

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Bitwise Sees 'Raging' Bitcoin Bull Market — Expects April Halving to Be 'the Most Impactful We've Seen'' – Markets and ... - Bitcoin.com News

[unable to retrieve full-text content] Bitwise Sees 'Raging' Bitcoin Bull Market — Expects April Halving to Be 'the Most Impactful We've Seen'' – Markets and ...    Bitcoin.com News from "market" - Google News https://ift.tt/dG3Tm47 via IFTTT

Stock Market Crash: Expert Warns of 50%-70% Downside for S&P 500 - Business Insider

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Markets A 32-year market vet warns the S&P 500 is set to fall 50%-70% in the years ahead with valuations at historic highs — and says that an imminently weakening labor market will be the catalyst for the crash William Edwards 2024-03-30T09:00:01Z Angle down icon An icon in the shape of an angle pointing down. A trader watches screens as he works on the floor of the New York Stock Exchange, September 29, 2008. REUTERS/Brendan McDermid Redeem now Jon Wolfenbarger warns against long-term investment in the stock market due to high valuations. Wolfenbarger believes a weakening labor market and impending recession could trigger a sell-off. While some indicators suggest an economic slowdown, consensus views remain optimistic. There has seldom been a worse time to invest money in the stock market for the long term, according to Jon Wolfenbarger . That's because valuations are historically elevated today, and over t

Farmer’s market coming to Glenwood this summer - WMBB - mypanhandle.com

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PANAMA CITY, Fla. ( WMBB ) —There will be a new farmers market coming to Glenwood this summer. A grant from the U.S. Department of Agriculture was acquired to turn this dream into a reality. Farmers markets have become quite the commodity in recent years. Locals and visitors alike make a day out of it to support the small businesses that run it. Community Easter egg hunt brings fellowship and fun to Vernon Members from the LEAD Coalition of Bay County are excited to announce that a farmers market will be coming to the historic neighborhood of Glenwood. “We’re looking at this as a part of economic development for the Glenwood community to help those small and mid-sized businesses who want to be a part of the market at Glenwood to also increase their business and grow their businesses as well,” LEAD Coalition executive director Janice Lucas said. It will be located on the corner of Martin Luther King Junior Boulevard and 15th Street. LEAD Coalition executive director, Janice L

Boston Public Market nominated for best public market in 2024 by USA Today - MassLive.com

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A Massachusetts market needs your help to claim the title of the best public market in the country. Boston Public Market has been recognized as one of the 20 best public markets in the United States by USA Today . The markets were nominated by a panel of experts, the outlet said . “This year-round, indoor market features around 30 New England food producers and artisans selling fresh produce, prepared foods, crafts, and other specialty items,” USA Today said about Boston Public Market, located at 100 Hanover St. in Boston. “Everything sold comes from New England, with a focus on seasonality.” This is not the first time Boston Public Market has been recognized by the national outlet. The market was named among the 10 best public markets in the U.S. in 2021 and 2022 . People can vote once per day for Boston Public Market online before polls close at noon on Monday, April 15. The 10 winning markets will be announced on Wednesday, April 24. More information about the contest can

Nine crypto VCs on why Q1 investments were so hot and how it compares to previous bull market - TechCrunch

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If the 2023 crypto venture landscape was an ice cold pot of water, the first quarter of 2024 is the part where the bubbles start to form right before water boils, Tom Schmidt, a partner at Dragonfly Capital, said to TechCrunch. And he’s not wrong: $2.52 billion in total capital has been raised across the crypto and blockchain sectors in Q1 2024, according to PitchBook data. That’s about 25% higher than $2.02 billion in the fourth quarter of 2023. “It’s been an extraordinarily busy time. It has 2021 feels to it,” said David Nage, portfolio manager at Arca. “Deals in 2021 felt like you had a gun to the back of your head; that feeling has kind of returned to the market a bit.” Nage said his firm has tracked over 690 deals across stages that have transpired during Q1, about 30 to 40% more than the lows in 2023. “In Q1, the crypto venture capital funding landscape was cautiously optimistic, rebounding from a challenging two-year period of fundraising difficulties for both companies and

The Stock Market Is Too Quiet. Why That’s a Good Thing. - Barron's

[unable to retrieve full-text content] The Stock Market Is Too Quiet. Why That’s a Good Thing.    Barron's from "market" - Google News https://ift.tt/6AYWTZy via IFTTT

Analysis: Buffett’s favorite market indicator is flashing red - CNN

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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up  right here . You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  The “Buffett Indicator” is flashing red. In 2001, Warren Buffett came up with what he called in Fortune Magazine “probably the best single measure of where [stock] valuations stand at any given moment.” Today that barometer has soared to a two-year high, signaling that a market retreat could be coming. What’s happening: Widely known as the “Buffett Indicator,” it measures the size of the US stock market against the size of the economy by taking the total value of all publicly traded companies (measured using the Wilshire 5000 index) and dividing that by the last quarterly estimate for gross domestic product. The resulting ratio is supposed to tell us how fairly priced stocks are by providing a simple gauge of whether the market is overvalued or underv

Asia Pacific Sharps Containers Market Projected to Surge, Reaching US$ 203.52 Million by 2030 - Yahoo Finance

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Company Logo Asian Pacific Sharps Containers Market Asian Pacific Sharps Containers Market Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Asia Pacific Sharps Containers Market Forecast to 2030 - Regional Analysis - by Product, Usage, Waste Type, Waste Generators, Container Size, and Distribution Channel" report has been added to ResearchAndMarkets.com's offering. Market Growth Driven by Increasing Regulatory Focus on Safe Disposal Practices Recent market analysis indicates a substantial growth trajectory for the Asia Pacific sharps containers market, with projections estimating an increase from US$ 133.10 million in 2022 to US$ 203.52 million by 2030. This growth, characterized by a CAGR of 5.5% from 2022 to 2030, is extensively attributed to rigorous government initiatives ensuring the safe disposal of sharp medical waste. Rising Demand for Healthcare Safety Measures Amplifies Market Expansion The market expansion is further catalyzed by he

Stock Market Today: Dow Outperforms as Merck Hits New High - Kiplinger's Personal Finance

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Volume started to thin out Wednesday ahead of the long holiday weekend. As a reminder, the stock and bond markets will be closed Friday for the Good Friday holiday.  Those market participants that stuck around today were in a relatively upbeat mood, with the main indexes finishing higher across the board.  At the close, the Nasdaq Composite was up 0.5% at 16,399. The S&P 500 was 0.9% higher at 5,248, a new record high, while the Dow Jones Industrial Average outpaced its peers, adding 1.2% to 39,760 as pharmaceutical giant Merck ( MRK ) popped.  Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Save up to 74% Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your e-mail. Merck hits record highs on regulatory win Indeed, Merck was the

Stock Market Today: Dow Climbs 200 Points; Truth Social Stock Surges — Live Updates - The Wall Street Journal

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Oil market saw frenzy of hedge fund buying - Reuters

[unable to retrieve full-text content] Oil market saw frenzy of hedge fund buying    Reuters from "market" - Google News https://ift.tt/gFvzwJB via IFTTT

Nvidia's Market Capital is Unprecedented: Janus Henderson's Fish - Bloomberg

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Stock market today: Stocks pop as Wall Street looks to continue record-setting run - Yahoo Finance

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US stocks moved higher on Tuesday as markets looked to continue a record-setting run that has become the story on Wall Street during the first quarter of the year. The S&P 500 ( ^GSPC ) rose nearly 0.3%, while the Dow Jones Industrial Average ( ^DJI ) edged higher by roughly 0.2%. The tech-heavy Nasdaq Composite ( ^IXIC ) led the way, rising more than 0.3%. Wall Street took a break from its rally on Monday, with all three major indexes dipping slightly. But a bullish mood is prevailing , with the latest signal coming from Oppenheimer Asset Management strategist John Stoltzfus, who raised his 2024 S&P 500 price target to a Street high of 5,500 . On Tuesday, the focus turned to economic data. Durable goods orders rebounded during the month of February, rising 1.4% last month amid increases in transportation equipment and machinery orders, according to the Commerce Department's Census Bureau. In other economic news, the S&P CoreLogic Case-Shiller National Home Price