Mobile App
iBexGo AppiBex RatingDownload our app now! Available for iOS and Android

Start An Investment With Forex

Get Live Account
Phone
London: +442038076439
Sydney: +61280691717
Social Media

Market Update Today: S&P500 and Bitcoin

Analysts Expect 32.4% Rise in S&P 500 Before The Year Ends


S&P P= $4496 A= $4519
DOW JONES P=$35290 A= $35457
NASDAQ P= $ 15049 A=$ 15291


*All of the assets went up since yesterday
*Health sector ended Tuesday higher with J&J and Merck &Co and Pfizer at 2%
*Investors are paying attention to high earnings for Q4.
*All eyes are on Apple’s new Macbook Pro line, powered by upgraded M1 chips, which drew positive comments from Wall Street.

Billionaire Investor Carl Icahn Thinks Bitcoin May Be The Best Hedge For Inflation


Previous: 62,056.3
Actual: 64,098.0 +2208.9 +3.57%


Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.


With the United States government continuing to stimulate the economy, Icahn stated that he fears the dollar is becoming more devalued and that the price of goods is rising.


“In the long run, we are certainly going to hit the wall. I really think there will be a crisis the way we are going, the way we are printing money, the way we are going into inflation. If you look around you, you see inflation all around you and I don’t know how you deal with that in the long term.” Icahn said on Monday with CNBC.


His comments were in line with Federal Reserve Chairman Jerome Powell who mentioned that inflation was rising along with supply issues.


The billionaire still believes there may be an alternative to investing in the stock market, and cryptocurrencies may be worth exploring.

Latest Posts

  • Market Week Ahead: Nasdaq 100, Fed, Tech Earnings, Volatility Returns
    Global risk appetite sharply deteriorated this past week as the Volatility Index (VIX), which is the market’s preferred ‘fear gauge, closed at its highest since early December.  The most immediate item threatening market sentiment is a hawkish Federal Reserve. A combination of quantitative tightening and rate hike bets are bringing up front-end Treasury yields, or […]
  • Markets to Watch This Week: Nasdaq 100, US Dollar,BoJ and more
    There continued to be hesitancy in global market sentiment. Wall Street started off 2022 on a sour note, though the second week was less painful. Nasdaq 100 futures were little changed. This is as Dow Jones and S&P 500 futures declined about 0.8% and 0.3% respectively. European and Asia-Pacific benchmark stock indices did not fare any better. Global monetary policy tightening […]
  • Market Week Ahead: Inflation Data, Bitcoin, Powell Testimony, and more
    Even though market sentiment started off 2022 on a sour note, there were clear winners and losers on Wall Street. Dow Jones futures declined about 0.1% this past week, while the tech-heavy Nasdaq 100 sank about 4.35% in the worst performance since February. The coming week will bring closely followed inflation figures, while Federal Reserve Chair Jerome Powell […]
  • Market Week Ahead: Monetary Policy Meeting, Retail Sales, etc.
    The broad US dollar remained under pressure on Friday and will end this week on a bearish note as investors digest the Bank of England’s (BOE) unexpected interest rate hike and the European Central Bank’s (ECB) shift to a more hawkish attitude. Looking ahead to the coming week, the series of retail sales, the minutes of the […]
  • Markets Week Ahead: Nasdaq 100, US Dollar, Gold, Euro, British Pound, Fed and more
    Market mood recovered this past week around the world. On Wall Street, the Nasdaq 100 and S&P 500 gained 3.82% and 3.65% respectively. Across the Atlantic, the Euro Stoxx 50 and FTSE 100 climbed 2.95% and 2.62% respectively. In the Asia-Pacific region, the Nikkei 225 climbed 0.89% while Australia’s ASX 200 jumped 4.05%. Volatility was crushed, with the VIX market ‘fear gauge’ sinking about 39% in the worst week […]

SHARE:

Let us know what you think!

Send any queries or feedback
You can also send us an email at
support@ibexmarkets.com

Get a call from us!

How Can We Help?

Need Assistance?

Download here

Know Your Market Holiday.

Click here for more information.