July 4, 2025
Bitcoin mining stocks post double-digit gains
Crypto mining stocks logged strong weekly gains, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of major mining firms surged between 13% and 28% over the past four trading sessions.
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July 4, 2025
Nvidia hit a market value of $3.92 trillion on Thursday
Nvidia hit a market value of $3.92 trillion on Thursday, briefly becoming the most valuable company in history. Shares rose as much as 2.4%, giving the company a higher market cap than Apple’s record closing value of $3.915 trillion on December 26, 2024.
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July 4, 2025
Dollar gains after strong US jobs data
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc, after data showing the U.S. economy created more jobs than expected, signalling that the Federal Reserve might take longer to cut interest rates.
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July 3, 2025
Tech giants lead the way
Nasdaq and The S&P 500 closed up, lifted by gains in tech stocks and news of a trade agreement between the U.S. and Vietnam that helped ease concerns about an extended trade war. Nasdaq rose, boosted by Nvidia, Apple and Tesla. Nvidia reclaimed the top spot among the most valued companies worldwide in June, as […]
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July 3, 2025
Gold rises as weak ADP employment data strengthens rate cut bets
Gold prices firmed as weaker-than-expected jobs data fueled hopes of the U.S. Federal Reserve cutting rates sooner than anticipated, while investors also awaited the upcoming non-farm payrolls report for further cues on monetary policy.
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July 2, 2025
Fed rate cut bets rise after Powell doesn’t rule out July
Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair Jerome Powell, asked if July was too soon to consider rate cuts, said he “can’t say” but that the decision would depend on the economic data.
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