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Dollar reverses February gain

The US dollar slid for a third day, wiping out most of its February gains. Bitcoin crossed $48,000 in buying momentum after the Tesla investment. China stocks rallied 2%, the Nasdaq and Russell 2000 hit new highs but the Dow and S&P 500 closed lower.

S&P 500 hits record after Biden signs stimulus bill

The S&P 500 has crossed back into record high territory following a choppy fortnight thanks to fears over rising bond yields. The euro gained amid dollar weakness despite a dovish ECB meeting. Joe Biden Signed the $1.9 trillion stimulus bill.

Tesla excluded from S&P500!

The S&P 500 index committee left out Tesla in its latest reshuffle and Japanese conglomerate Softbank apparently played a part in causing recent tech volatility. Today China trade balance and German industrial production data is released.

LME blocks Russian metals trading

Gold and other precious metals jumped after the London Metal Exchanged banned the trading of new Russian platinum and palladium. The euro gained after Macron won the first round of the French presidential election.

Wall Street stages big late reversal

After dropping more than 2% and into correction territory, the S&P 500 rallied to close the day higher alongside the other major Us indices. The dollar gained as tensions between Russia and Nato grow.

Stocks reverse after NYC schools shut

Bitcoin has soared again to just shy of $18,500. However Wall Street saw a late selloff when schools were closed in New York City. The Kiwi Dollar (NZD/USD) reached its highest since December 2018.