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 S&P Corelogic Case-Shiller Home Price Index and the FHFA House Price Index will be released at 9:00 a.m. ET. The Conference Board consumer confidence index is schedule for release at 10:00 a.m. ET.
Futures for the Dow Jones Industrial Average gained 35 points to 28,475 while the Standard & Poor’s 500 index futures traded rose 3.9 points to 3,227.25. Futures for the Nasdaq 100 index gained 9.3 points to 8,743.00.
Oil prices traded higher as Brent crude futures rose 0.1% to trade at $66.76 per barrel, while US WTI crude futures rose 0.1% to trade at $61.71 a barrel.
A Peek Into Global Markets
European markets were mostly lower today, with the Spanish Ibex Index falling 0.5%, STOXX Europe 600 Index declining 0.1% and German DAX 30 index dropping 0.7%. The UK's FTSE index was trading lower by 0.3%, while French CAC 40 Index rose 0.1%.
In Asian markets, Japan’s Nikkei Stock Average fell 0.76%, Hong Kong’s Hang Seng Index dropped 0.46%, China’s Shanghai Composite Index rose 0.33% and India’s BSE Sensex fell 0.73%.
Broker Recommendation
Analysts at Jefferies maintained Sol Gel Technologies Ltd (NASDAQ:SLGL) with a Buy and raised the price target from $14 to $24.
Sol-Gel shares rose 0.7% to $14.70 in pre-market trading.
Breaking News
- Core Laboratories N.V. (NYSE:CLB) lowered its Q4 guidance and issued weak forecast for the first quarter. The company also announced plans to cut its quarterly dividend.
- Four Corners Property Trust, Inc. (NYSE:FCPT) announced the acquisition of five properties from Washington Prime Group for $8.6 million.
- Urovant Sciences Ltd (NASDAQ:UROV) reported the submission of New Drug Application for vibegron for the treatment of overactive bladder.
- Weidai Ltd. (NYSE:WEI) reported Q3 earnings of $0.29 per share, down from $0.41 per share in the year-ago period. Its sales slipped to $107.149 million from $150.945 million.
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.
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