Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Pre-open movers
U.S. stock futures traded higher in early pre-market trade. The Chicago Fed National Activity Index for January is schedule for release at 8:30 a.m. ET, while data on new home sales for January will be released at 10:00 a.m. ET. The Dallas Fed manufacturing index for February is schedule for release at 10:30 a.m. ET. St. Louis Federal Reserve Bank President James Bullard is set to speak in Washington at 8:00 a.m. ET.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Futures for the Dow Jones Industrial Average climbed 162 points to 25,476.00, while the Standard & Poor’s 500 index futures rose 10.70 points to 2,759.50. Futures for the Nasdaq 100 index rose 20.25 points to 6,930.00.
Oil prices traded lower as Brent crude futures fell 0.19 percent to trade at $67.18 per barrel, while US WTI crude futures dropped 0.08 percent to trade at $63.50 a barrel.
A Peek Into Global Markets
FREE REPORT: How To Learn Options Trading Fast
In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.
European markets were higher today, with the Spanish Ibex Index rising 0.46 percent, STOXX Europe 600 Index surging 0.52 percent and German DAX 30 index gaining 0.31 percent. The UK's FTSE index was trading higher by 0.44 percent, while French CAC 40 Index rose 0.51 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 1.19 percent, Hong Kong’s Hang Seng Index climbed 0.74 percent, China’s Shanghai Composite Index gained 1.23 percent and India’s BSE Sensex climbed 0.89 percent.
Broker Recommendation
Analysts at Susquehanna upgraded Finish Line Inc (NASDAQ:FINL) from Neutral to Positive.
Finish Line shares rose 1.26 percent to close at $10.48 on Friday.
Breaking news
- Welbilt Inc (NYSE:WBT) reported better-than-expected earnings for its fourth quarter and to announced plans to acquire Crem International for $224 million in cash.
- Dean Foods Co (NYSE:DF) reported downbeat results for its fourth quarter.
- PerkinElmer, Inc. (NYSE:PKI) announced plans to acquire RHS for $0.28 per share.
- Anixter International (NYSE:AXE) reported the retirement of its CEO Robert J. Eck. The company named William A. Galvin as new President and CEO.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.