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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U.S. stock futures traded mixed in early pre-market trade. The Labor Department's JOLTS report for July will be released at 10:00 a.m. ET. The Fed will release its latest Beige Book report at 2:00 p.m. ET. Apple Inc. (NASDAQ: AAPL) is likely to launch a new iPhone later in the day.
Futures for the Dow Jones Industrial Average declined 11 points to 18,513.00, while the Standard & Poor’s 500 index futures fell 2.25 points to 2,182.50. Futures for the Nasdaq 100 index rose 3.50 points to 4,831.25.
Oil prices traded higher as Brent crude futures rose 1.14 percent to trade at $47.80 per barrel, while US WTI crude futures also rose 0.94 percent to trade at $45.25 a barrel.
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European markets were higher today, with the Spanish Ibex Index rising 0.87 percent, STOXX Europe 600 Index gaining 0.05 percent and German DAX 30 index gaining 0.28 percent. The UK's FTSE index was trading higher by 0.07 percent, while French CAC 40 Index climbed 0.20 percent.
In Asian markets, Japan’s Nikkei Stock Average fell 0.41 percent, Hong Kong’s Hang Seng Index declined 0.19 percent, China’s Shanghai Composite Index gained 0.04 percent and India’s BSE Sensex declined 0.18 percent.
Broker Recommendation
Analysts at Raymond James downgraded Spectra Energy Corp. (NYSE: SE) from Strong Buy to Outperform.
Spectra Energy shares fell 0.24 percent to $40.90 in pre-market trading.
Breaking news
- HD Supply Holdings, Inc. (NASDAQ: HDS) reported below than expected results for the second quarter. To read the full news, click here.
- Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) reported better-than-expected results for its second quarter, but issued a weak sales forecast. To read the full news, click here.
- Casey's General Stores Inc (NASDAQ: CASY) posted weak earnings for its first quarter on Tuesday.
- Western Digital Corp (NASDAQ: WDC) increased its earnings and revenue forecast for the first quarter. To read the full news, click here.
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.