French stocks drifted lower on Monday against the backdrop of Europes tumultuous political backdrop and worries over potential tariffs under the incoming Trump administration in the U.S. The benchmark CAC 40 was down 32 points, or half a percent, at 7,242 after losing 0.3 percent on Friday. Insurer AXA and Lender BNP Paribas were moving...
U.K. stocks were flat to slightly lower on Monday after official data showed the U.K. economy stalled in the third quarter. Real gross domestic product remained flat in the third quarter, revised down from the 0.1 percent rise estimated initially as the services sector posted nil growth and the moderate expansion in construction was offset...
European stocks were subdued on Monday in the run-up to Christmas. The pan European STOXX 600 was little changed at 502.45 as investors avoided making big bets against the backdrop of political uncertainties in Germany and France, and lingering worries about Trumps tariff threats. The German DAX and the U.K.s FTSE 100 were marginally lower...
The ongoing strike at coffee retail giant Starbucks Corp. by its baristas has been expanded to nine states as of Sunday, according to the Starbucks Workers United union. The five-day strike began on Friday at Starbucks locations in Chicago, Los Angeles and Seattle- its hometown- seeking wage increases for baristas. The workers in Colorado, Ohio...
Indian shares ended notably higher on Monday after five straight sessions of losses. Benchmark indexes both staged a share recovery, after having fallen nearly 5 percent over the last week. Underlying sentiment was helped by firm cues from global markets as a benign U.S. inflation reading helped revive investor hopes for further policy easing by...
The Swiss franc weakened against other major currencies in the European session on Monday, as the European stocks traded higher heading into a holiday-shortened week. It will be a pretty quiet week due to the upcoming Boxing Day and Christmas Day holidays. Nonetheless, fund managers may engage in some year-end window-dressing to show case good...
Weak crude oil and gold prices point to a negative open for Canadian stocks on Monday. However, the market may climb higher if GDP and producer prices data, due this morning, turn out to be positive. Final data on Canadian GDP for the month of October is due at 8:30 AM ET. Data on Canadian...
Despite BONE’s recent 9.87% decline in price and a $56.32 million market cap, its role as the gas token for Shibarium positions it for future adoption.Shiba Inu content marketer Lucie advocates for patience, suggesting that BONE’s utility within the ecosystem could drive long-term demand and growth. The Shiba Inu team is drawing attention to the...
NYSE Arca has submitted a 19b-4 filing with the US Securities and Exchange Commission to list and trade a Dogecoin exchange-traded fund from Bitwise.Given DOGE’s community-driven momentum, an ETF listing could provide the catalyst needed to push its price past its all-time high of $0.7376. On March 3, NYSE Arca submitted a 19b-4 filing to...
During the Crypto Summit this Friday, hosted by President Donald Trump, anticipation is growing over the potential introduction of a U.S.-based zero crypto tax policy.Eric Trump’s zero crypto tax proposal has sparked debate; supporters call it a bold move to boost adoption, while skeptics see it as an unlikely campaign promise. On March 7, 2025,...