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Dow ends at fresh record as weak eurozone data hits euro
The Dow rocketed to a fresh record Friday, extending a post-election US equity rally while the euro retreated against the dollar following weak eurozone data.The blue-chip index piled on one percent to end the day at 44,296.51, narrowly overtaking a record set earlier this month.Major American indices have been at or near record territory since …
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Dollar gains amid escalating geopolitical tensions
The dollar and gold gained Friday amid escalating tensions in the Russia-Ukraine war, while stocks got a boost from data.Bitcoin pushed on further with its march towards the $100,000 mark, as the cryptocurrency benefits from US president-elect Donald Trump’s pledge to ease regulation around digital tokens.The dollar, considered a safe haven asset, was bolstered by …
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Stock markets diverge, dollar gains amid escalating geopolitical tensions
Global stocks diverged and the dollar gained Friday following a bounce on Wall Street as traders weighed weak European economic data and concerns over escalating tensions in the Russia-Ukraine war.Bitcoin pushed on further with its march towards the $100,000 mark, as the cryptocurrency benefits from US president-elect Donald Trump’s pledge to ease regulation around digital …
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