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 higher in early pre-market trade. Futures for the Dow Jones Industrial Average climbed 50 points to 20,273.00, while the Standard & Poor’s 500 index futures rose 4.75 points to 2,317.50. Futures for the Nasdaq 100 index gained 8 points to 5,234.75.
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Oil prices traded lower as Brent crude futures dropped 0.78 percent to trade at $56.26 per barrel, while US WTI crude futures fell 0.67 percent to trade at $53.50 a barrel.
A Peek Into Global Markets
European markets were higher today, with the Spanish Ibex Index gaining 0.81 percent, STOXX Europe 600 Index rising 0.57 percent and German DAX 30 index gaining 0.85 percent. The UK's FTSE index was trading higher by 0.13 percent, while French CAC 40 Index rose 1.14 percent.
In Asian markets, Japan’s Nikkei Stock Average rose 0.41 percent, Hong Kong’s Hang Seng Index climbed 0.58 percent, China’s Shanghai Composite Index gained 0.63 percent and India’s BSE Sensex rose 0.06 percent.
Broker Recommendation
Analysts at FBR Capital downgraded Travelers Companies Inc (NYSE:TRV) from Outperform to Market Perform.
Travelers Companies shares rose 0.80 percent to close at $119.73 on Friday.
Breaking news
- Allergan plc (NYSE:AGN) announced plans to acquire Zeltiq Aesthetics Inc (NASDAQ:ZLTQ) for $2.47 billion.
- Deluxe Corporation (NYSE:DLX) agreed to acquire RDM Corporation of Canada for $70 million in cash.
- Lear Corporation (NYSE:LEA) reported a $1 billion buyback plan and raised its quarterly dividend from $0.30 per share to $0.50 per share.
- Insperity Inc (NYSE:NSP) reported better-than-expected 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.