Traders Start the Year Cautious on Oil, China Data Markets Wrap Yahoo Finance

Image for article Traders Start the Year Cautious on Oil, China Data Markets Wrap  Yahoo Finance
News Source : Yahoo Entertainment

News Summary

  • But, he noted, the first five days of January historically set the tone.If the first five days are weak, that could negate his bullish call, Lee said..
  • The yen weakened in thin trading as investors monitored conditions after an earthquake in Japan on Monday.Bitcoin had climbed above $45,000 for the first time in almost two years Tuesday..
  • Yield on the 10-year Treasury rose to 3.94% amid a heavy slate of corporate debt issuance.PGT Innovations Inc. climbed postmarket following an unsolicited takeover offer for $41.50 per share..
  • Anticipation is intensifying around the expected US approval for an exchange-traded fund investing directly in the biggest token.Oil slumped after an early climb amid ongoing shipping disruptions in the Red Sea..
  • Apple Inc. fell after an analyst at Barclays Plc warned that iPhone demand is cooling, Nvidia Corp. and Facebook parent Meta Platforms Inc. also sank..
(Bloomberg) Government bonds opened the year on a cautious footing as traders trimmed their bets on interestrate cuts this year. Oil prices jumped as tensions in the Red Sea intensified.Most Re [+3909 chars]

Must read Articles