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 mostly flat in early pre-market trade. The Labor Market Conditions Index for January is schedule for release at 10:00 a.m. ET. Philadelphia Federal Reserve Bank President Patrick T. Harker is set to speak in San Diego, Calif. at 4:30 p.m. ET.
Futures for the Dow Jones Industrial Average gained 2 points to 19,988.00, while the Standard & Poor’s 500 index futures fell 0.25 points to 2,290.75. Futures for the Nasdaq 100 index slipped 2 points to 5,153.00.
Oil prices traded higher as Brent crude futures gained 0.09 percent to trade at $56.86 per barrel, while US WTI crude futures rose 0.26 percent to trade at $53.97 a barrel.
A Peek Into Global Markets
European markets were mostly lower today, with the Spanish Ibex Index dropping 0.31 percent, STOXX Europe 600 Index falling 0.02 percent and German DAX 30 index dropping 0.42 percent. The UK's FTSE index was trading higher by 0.28 percent, while French CAC 40 Index rose 0.26 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.31 percent, Hong Kong’s Hang Seng Index rose 0.95 percent, China’s Shanghai Composite Index climbed 0.54 percent and India’s BSE Sensex climbed 0.70 percent.
Broker Recommendation
Analysts at Bernstein upgraded Delta Air Lines, Inc. (NYSE:DAL) from Market Perform to Outperform.
Delta Air shares rose 0.88 percent to close at $47.81 on Friday.
Breaking news
- Hasbro, Inc. (NASDAQ:HAS) reported stronger-than-expected results for its fourth quarter on Monday.
- Newell Brands Inc (NYSE:NWL) reported in-line earnings for its fourth quarter, while sales missed expectations.
- Tiffany & Co. (NYSE:TIF) reported the resignation of its CEO Frederic Cumenal.
- Loews Corporation (NYSE:L) posted upbeat earnings for its fourth quarter on Monday.
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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