Bitcoin’s price took a dive along with most other assets as Ethereum fees continue to dip.
Toward the end of trading Monday, the Dow traded down 2.74% to 27560.09 while the NASDAQ fell 2.16% to 11,298.61. The S&P also fell, dropping 2.24% to 3,387.72.
Companies have been buying their competitors at a fraction of their value from just a year ago
The days of Exxon Mobil Corporation (NYSE: XOM) being the most valuable energy company in the U.S. are over, with the newer NextEra Energy Inc (NYSE: NEE) passing the oil giant’s market capitalization.
Following the market opening Friday, the Dow traded down 0.21% to 28,303.91 while the NASDAQ rose 0.05% to 11,511.30. The S&P also rose, gaining 0.15% to 3,458.57.
It’s a recipe for trouble: COVID disruptions are pulling refrigerated containers away from food production areas. Twice this year, outbreaks stymied U.S. food shipments to China. Tariffs are still taking a bite out of ag sales. Trade tensions with Chin…
By Jim Iuorio
Gold has rallied 30% in 2020 and is up a staggering 600% since 2000. Meanwhile, the U.S. dollar is down 10% against the dollar index since March 23. Not coincidentally, March 23 was the day that the Federal Reserve announced their plan fo…