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.
Markets sold off big time on Wall Street today. The Dow Jones Industrial Average declined 525 points or 1.9% closing at 26,763.13, the Nasdaq closed off down 330 points or 3.0% at 10,632.99, and the S&P 500 closed down 78 points or 2.3% at 3,236.92.
What Drove Markets Lower Today?
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The sell-off was led by mega-cap tech stocks (FAANG). Facebook Inc (NASDAQ:FB) declined by 2.3%, Amazon.com Inc (NASDAQ:AMZN) was down by 4.1%, Apple Inc (NASDAQ:AMZN) was down 4.2%, Netflix Inc (NASDAQ:NFLX) declined by 4.2%, and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) was down 3.5%. In my opinion, this is just probably going to be a rotation every other day or so until we can get some more stimulus to help boost the markets and economic data.
Top Gainers And Losers In Each Index
Dow Jones Industrial Average Gainers and losers
GAINER: Nike Inc (NYSE:NKE) up 8.7%
LOSER: Salesforce.Com Inc (NYSE:CRM) down 4.7%
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Nasdaq Gainers and Losers
GAINER: Western Digital Corp (NYSE:WDC) up 6.7%
LOSER: Tesla Inc (NASDAQ:TSLA) down 10.3%
S&P Gainers and losers
GAINER: Nike
LOSER: Albemarle Corp (NYSE:ALB) down 15.5%
What's Ahead For Tomorrow
Data to watch for the indices tomorrow begins with weekly jobless claims at 8:30 am EST and at 10:00a m EST new home sales.
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.