The NASDAQ continues to surge in July – up more than 10% so far.
Major indices don't seem to be hurting from the latest update in COVID-19 cases – and news that corporate profits fell 44% in Q2.
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Dow Jones Sliding as Markets Prepare for Fed Chair Testimony Before Congress
The Dow Jones could take a dip today as investors await testimony from Federal Reserve Chairman Jerome Powell before the House Financial Services Committee this afternoon.
The testimony will center on the central bank and the Treasury Department's response to COVID-19.
Investors are also watching bank stocks today.
Markets Live Recap: Stocks Fall Another 2% Thanks to 4 Dire Warnings
Stocks fell today as investors weighed the negative remarks and cautiousness of Federal Reserve Chairman Jerome Powell, hedge fund managers Stanley Druckenmiller and David Tepper, and Dr. Anthony Fauci.
Here's what our experts – Chris Johnson, D.R. Barton, Jr., and Shah Gilani – thought about their comments, where they see stocks heading next, and how you can position your portfolio today.
Why the Price of Bitcoin Will Surge to $55,000 After This May 2020 Catalyst Increases Its Scarcity
Today, we'll show you how to value Bitcoin using a different model – one which allows us to compare its value to other scarce assets like silver ($308 billion market cap) and gold ($8.4 trillion market cap).
You see, Bitcoin should be compared these precious metals since they also aren't income producing businesses, yet they hold significant value in this world because they're also limited in supply and unforgeable.
To date, this model has correctly explained 95% of the price of Bitcoin within two standard deviations of its projected mean.
And it predicts Bitcoin's market cap will surpass $1 trillion (or $55,000 per Bitcoin) by 2021.
Dow Jones Industrial Average Is Rising as Middle East Tensions Cool Down
The Dow Jones Industrial Average could finish the day with sizable gains as geopolitical flares between the U.S. and Iran are now in check.
And investors have a busy week of earnings to look forward to.
More on Iran, and who's set to report earnings this week, below.
Dow Jones Industrial Average Slumps as Middle Eastern Tensions Point to Future Conflict
The Dow Jones Industrial Average could lose more than 100 points today following last week’s U.S. bombing that killed Iran’s top military leader.
Iranian officials have threatened revenge for the bombing, while President Trump has vowed to increase military response in the event of any Iranian action against U.S. interests.
The Dow Jones Industrial Average Is Ticking Up as China Pushes Stronger Communication
The Dow Jones Industrial Average will climb higher today after Chinese President Xi Jinping claimed his country wants to actively avoid a trade war.
Investors are cautiously optimistic that China's call for better communication with Washington, D.C. points to a trade agreement down the road. I've got more on what's moving the Dow today, below.
The Dow Jones Industrial Average Slides After Trump's Rant on the Federal Reserve
The Dow Jones Industrial Average is sinking Wednesday as investors digest a wild speech by President Trump.
On Tuesday night, Trump spoke at The Economic Club of New York and railed against the Federal Reserve on interest rates and monetary policy.
But that’s just one of the many stories driving market behavior this morning.
Here's Why the Dow Jones Today Will Close the Week at All-Time Records
The Dow Jones today will continue on news that China and the U.S. are nearing a "phase one" deal.
Interest rates also just had their biggest pop since the election of President Donald Trump.
More on this, and other factors moving the Dow today, below.
Plus: Walt Disney Co. (NYSE: DIS) just had a big earnings win.
The Dow Jones Today Will Dip as China Seeks Narrow Trade Discussion This Week
The Dow Jones today is pointed down as markets are skeptical about a trade deal between the United States and China.
Both sides will sit down and restart negotiations in Washington later this week.