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04/07/2025
SUMMIT THERAPEUTICS's decline has widened, falling by 8.4% at one point.
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3 m ago
On Thursday's closing in New York, the CME Bitcoin futures BTC main contract rose 0.11% compared to Wednesday's New York closing, to $110,000, trading in a range of $109,000 to $111,000 during the day. The CME Ethereum futures DCR main contract fell 0.74% to $2601.50.
4 m ago
According to a Reuters survey, 19 out of 27 economists believe that the Reserve Bank of New Zealand will maintain its interest rate at 3.25% on July 9th. 16 out of 22 economists predict that the Reserve Bank of New Zealand will cut the interest rate to 3.00% in the third quarter, with a median forecasted year-end rate of 3.00%.
9 m ago
Gene Goldman, Chief Investment Officer of Cetera Investment Management, expressed his approval of the passing of the "big and beautiful" bill, stating that the bill provides clear benefits for businesses and families, which often support corporate profits and stock prices. We will overlook the fact that the Congressional Budget Office estimates that the bill will increase the national debt by approximately $3 to $3.4 trillion over the next decade. This may necessitate larger government bond issuances, which has already sparked caution in the bond market as evidenced by rising bond yields. Additionally, these higher deficits may raise inflation expectations. From a stock industry perspective, it is expected that cyclical industries will benefit, especially energy companies (due to the cancellation of green energy subsidies), industrial companies (due to increased infrastructure spending), the financial industry (due to reduced uncertainty, widespread regulatory easing, and steepening yield curves), and the consumer goods industry (due to lower taxes).
9 m ago
Analyst: Trump's policy will support the stock market, optimistic about cyclical industries.
13 m ago
Movement in USD Bonds | Powerlong Real Estate PWRLNG 6.95 12/06/25 dropped by 10.638% to a price of 5.250
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