Why Is The Market Celebrating A Weak Jobs Report?
Jobs Report Shocker Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows
Crypto · News reference
Strategy Stock Drops Despite Bitcoin Breaking $87,000
Strategy shares have reversed and are now trading lower Friday. Bitcoin broke above $87,000, and Citi raised its price target on the stock.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Coinbase Stock Drops: What's Going On?
Coinbase Global shares are trading lower Friday despite bullish analyst calls and a favorable macro backdrop for crypto-linked stocks.
MARA Holdings Stock Jumps Friday: What's Going On?
Marathon Holdings shares are trading higher Friday. Clear Street reiterated its Hold rating and $10 price target after a meeting with the CFO.
Bitcoin, ETH, XRP Rally Over 2% as Funding Rates Triple: What's Going On?
Bitcoin, Ethereum and XRP rise as bullish derivatives bets build and Fed rate-hike odds fall before the US jobs report.
Bitcoin, Ethereum, XRP Gain, While Dogecoin Dips After Treasuries Retreat From 24-Year Highs: Analyst Says BTC Is 'Finally Breaking Upwards'
Leading cryptocurrencies rose in tandem with stocks on Thursday, October 1, as Treasury yields retreated after briefly touching a 24-year high earlier in the day.
Bitcoin Analyst: 'Only Michael Saylor' Can Do Strategy's Treasury Model
Saifedean Ammous says Strategy’s Bitcoin model is hard to replicate and sees BTC reaching $200,000 to $1.6 million by 2030.