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.
The Dow rose 0.48 percent to 18,665.91, while the NASDAQ composite index climbed 0.62 percent to 5,265.34. The broader Standard & Poor's 500 index gained 0.43 percent to 2,193.35.
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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The worst performing industries in the market today are:
- Specialty Retail, Other: This industry slipped 0.9 percent by 11:00 am. The worst stock within the industry was Murphy USA Inc (NYSE: MUSA), which fell 0.5 percent. Murphy USA shares have surged 47.82 percent over the past 52 weeks, while the S&P 500 index has gained 3.88 percent in the same period.
- Advertising Agencies: This industry declined 0.6 percent by 11:00 am with VisionChina Media Inc (ADR) (NASDAQ: VISN) moving down 1.8 percent. VisionChina Media shares have dropped 52.24 percent over the past 52 weeks, while the S&P 500 index has gained 3.88 percent in the same period.
- Meat Products: This industry fell 0.4 percent by 11:00 am ET. Hormel Foods Corp (NYSE: HRL) shares dropped 1.3 percent in today's trading. Hormel Foods is expected to release quarterly earnings on August 18, 2016.
- Long Distance Carriers: The industry dropped 0.4 percent by 11:00 am. The worst performer in this industry was Elephant Talk Communications Corp (NYSE: ETAK), which declined 6.3 percent.