Market Cap: $3,350,465,516,360
24h Vol: $162,289,815,217
Cryptocurrencies: 27846
Markets: 116350
Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
Seeking Alpha 2021-02-09 10:14:59

Stimulus hopes fuel market gains, Bitcoin jumps over $47K

Stimulus hopes fuel market gains, Bitcoin jumps over $47K
Global stock markets are still in an upbeat mood after U.S. benchmarks set fresh records yesterday. Investors have renewed confidence that a new round of stimulus spending will bolster the U.S. economy, while upbeat earnings from large U.S. multinationals have calmed some of the anxiety over the manic GameStop-Reddit trading. More than 80% of companies that have reported results so far have beaten consensus expectations.In Asia, The Shanghai Composite Index rose 2.0% and Hong Kong's Hang Seng increased 0.5%, while the Nikkei 225 in Tokyo gained 0.4% to 29,418.23. European stocks are mixed with the Stoxx 600 off 0.3%. Oil markets continue to rally, with Brent crude futures up 0.5% and WTI Crude futures 0.3% higher. The yield on the 30-year U.S. Treasury bond is 1.93% after it briefly pushed past the 2% level for the first time since February of last year when the pandemic disrupted debt markets. In crypto
esptco-banner img
Latest News

Videos

  • Bitcoin OR Altcoins: Which Is Best? Easy Explanation!

  • Solana Coin (SOL): Everything You Need to Know

  • How to Buy BTC with Binance Mobile!

  • Stock Market Vs Crypto Fundamentals! Which is the best? Explained!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire