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Dow pauses for Memorial Day, Bitcoin price mostly flat

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Dow pauses for Memorial Day, Bitcoin price mostly flat

Bitcoin’s trading session on May 26 was quiet as the Dow and all other U.S. indices closed to observe Memorial Day. Bitcoin (BTC) ended the U.S. trading session virtually where it began despite some intra-day swings. The leading cryptocurrency by market cap pushed above the $110,000 mark around midday, but the gains were erased by … Read more

Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls

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Stocks flat as Moody’s downgrades U.S. credit, S&P 500 rally stalls

U.S. stocks were little changed Monday as investors reacted to Moody’s Ratings stripping the U.S. of its last triple-A credit grade and lawmakers advancing a tax bill expected to add significantly to federal deficits. The S&P 500, coming off a five-day winning streak, rose slightly, while the Nasdaq Composite rose 0.01%. The Dow Jones Industrial Average … Read more