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Tag Archives: Indices

Dow Jones Relinquishes Some Big Gains Ahead of Pivotal US Jobs Report

The Dow Jones closed approximately 200 points lower in anticipation of Friday’s critical jobs report. The Dow Jones Industrial Average (DJIA) dipped 194.76 points, or 0.56%, to close at 34,395.01 on Thursday ahead of today’s critical jobs report. This nearly 200-point fall was not the only setback recorded among the major indexes yesterday. The S&P 500 also closed lower by 0.09% to 4,076.57 during Thursday’s session. However, the tech-laden Nasdaq Composite gained 0.13% to close at...

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Firm behind FTSE 100 Launches Crypto Index Series

Development and adoption of the crypto space in the past years have prompted the expansion of mechanisms that assess the credibility of virtual tokens.FTSE Russel, the firm that launched the London Stock Exchange‘s measure FTSE 100 equity index, has revealed a bunch of standards for the crypto asset market.The FTSE Global Digital Asset Index Series includes eight gauges from large and mid-cap assets to micro-cap. According to a statement from FTSE Russel, the indices, built with Digital Asset...

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European Stocks Pick Up Pace Ahead of Fed’s Interest Rate Decision

Stock traders and investors look poised for a bountiful week of earnings as they await a major interest rate decision from the Fed. Monday morning signaled some hopeful times ahead for the European stocks market, which opened on a rising note. However, it might be safe to say that the driving force behind the sudden rise in the value of European stocks, is a recent report that claims that the Federal Reserve could throttle down on its pace of interest rate hikes.  This explains why traders...

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