TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
Silver jumps in attempted short squeeze
The price of silver jumped nearly 5% in the beginning of what could be a larger short squeeze. Restrictions in the trading of stocks targeted by the WallStreetBets Reddit group saw calmer markets with US indices closing higher.
29 January 2021
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Short squeeze spills over to indices
US and European indices ended lower with rising uncertainty over the vaccine rollout and earnings. The Nasdaq fell nearly 3%. Apple and Facebook topped estimates while Tesla missed. The most-shorted stocks continue to see meteoric gains.
28 January 2021
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Fed meeting today
GameStop led the way higher again for the most shorted stocks as the Reddit-led short squeeze continued into afterhours trading on Tuesday following a tweet from Elon Musk. Microsoft beat earnings while the dollar dropped before the Fed meeting today.
27 January 2021
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GameStop & ‘most shorted’ stocks go wild
A huge short-squeeze created big volatility among some of the most-shorted stocks on Wall Street, notably GameStop. Ether hit a record high while the Hang Seng soared 2% as Chinese President Xi addressed Davos. Today Microsoft reports earnings.
26 January 2021
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Apple hits record high before earnings
The US dollar snapped a 3-day losing streak to end higher while stock indices dipped on Friday. Shares of Apple rose 9.4% across the week to reach a record high before its Q4 earnings release on Wednesday.
25 January 2021
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Bitcoin plummets 13% in a day
Bitcoin has been slammed for a second day on reports of a technical fault in its blockchain. The US dollar fell again amid strong economic data, sending the pound and the euro higher. The ECB kept policy steady. Today sees the release of January PMIs.
22 January 2021
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