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Bitcoin’s outperformance relative to smaller cryptocurrencies is widening. An index that tracks so-called altcoins is down about 40% year-to-date, while Bitcoin is up 18% so far in 2025. A group of 12 US Bitcoin exchange-traded funds have drawn strong inflows, with investors pouring in about $4.2 billion so far in May. In options markets, traders…
TSX ends up 0.3% at 25,971.93 Eclipses Thursday’s record high MEG Energy biggest gainer after takeover bid Investors remain cautious May 16 – Canada’s main stock index hit a record high on Friday, closing firmer for a sixth consecutive week, as worries about a global trade war eased after the U.S.-China tariff truce over the…
KOSPI rises, foreigners net sellers Korean won little changed against dollar South Korea benchmark bond yield steady SEOUL, – Round-up of South Korean financial markets: ** South Korean shares rose on Monday, buoyed by progress in trade talks between China and the United States. ** The benchmark KOSPI was up 11.85 points, or 0.46%, at…
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -Global equities were slightly higher on Thursday, with Wall Street outperforming, while the dollar and Treasury yields also gained after the United States and United Kingdom outlined a trade deal, fueling hopes for compromises with other countries. Cryptocurrencies were also bolstered by the U.S.-UK trade agreement,…
Indexes up: Dow 2.76%, S&P 500 3.26%, Nasdaq 4.24% WSJ reports White House considering slashing China tariffs Tesla, Boeing gain after quarterly results S&P Global’s flash US Composite PMI at 51.2 in April By Lisa Pauline Mattackal and Purvi Agarwal Wall Street’s main indexes rallied on Wednesday, with the S&P 500 touching a two-week high…