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 mostly higher in early pre-market trade. The Labor Department's JOLTS report for October will be released at 10:00 a.m. ET.
Futures for the Dow Jones Industrial Average climbed 15 points to 19,247.00, while the Standard & Poor’s 500 index futures gained 0.75 points to 2,210.75. Futures for the Nasdaq 100 index rose 1.25 points to 4,788.25.
Oil prices traded lower as Brent crude futures gained 0.13 percent to trade at $54.00 per barrel, while US WTI crude futures also rose 0.22 percent to trade at $51.04 a barrel. The Energy Information Administration’s weekly report on petroleum inventories is schedule for release at 10:30 a.m. ET.
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A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index rising 0.68 percent, STOXX Europe 600 Index climbing 0.40 percent and German DAX 30 index gaining 1.46 percent. The UK's FTSE index was trading higher by 1.53 percent, while French CAC 40 Index climbed 0.84 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.74 percent, Hong Kong’s Hang Seng Index gained 0.55 percent, China’s Shanghai Composite Index rose 0.71 percent and India’s BSE Sensex dropped 0.59 percent.
Broker Recommendation
Analysts at JP Morgan upgraded AutoZone, Inc. (NYSE: AZO) from Neutral to Overweight.
AutoZone shares rose 1.16 percent to $788.89 in pre-market trading.
Breaking news
- Dave & Buster's Entertainment, Inc. (NASDAQ: PLAY) reported stronger-than-expected results for its third quarter and boosted its full year net income guidance. To read the full news, click here.
- SeaWorld Entertainment Inc (NYSE: SEAS) announced plans to cut 320 positions as a part of restructuring.
- Oxford Industries Inc (NYSE: OXM) reported a narrower-than-expected loss for its third quarter. The company projects full-year earnings of $3.50 to $3.65 per share, and revenue of $1.02 billion to $1.03 billion.
- AeroVironment, Inc. (NASDAQ: AVAV) reported weaker-than-expected results for its fiscal second quarter.
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.