Supercharged Tech Stock Revival Fuels the S&P and Dow

By CCN: U.S. equities still have some runway left for gains, and tech is leading the way. Facebook, Amazon, Netflix, and Google’s parent company Alphabet – otherwise known as FANG stocks – are the cat’s meow once again. After shunning the FANG stocks in Q4 2018, investors welcomed the tech leaders back with open arms in Q1 2019, bolstering the market caps of these companies and fueling gains in the S&P 500. Now it seems that the party in FANG stocks will continue throughout the second quarter. Even though the Dow doesn’t include any of the FANG stocks, it does

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Tezos Price Surges 57% in Days as Coinbase Fuels Another Crypto Rally

The week is ending on a hugely positive note for the Tezos cryptocurrency. Tezos Races Ahead of Wider Crypto Market The blockchain project’s native asset XTZ today established a new weekly high towards $ 1.08 – up more than 17 percent in the last 24 hours. The latest push also brought the coin’s weekly gains to 57 percent, bringing the price a few steps closer to its November 19 high at $ 1.09. No other top-20 cryptocurrency came close to matching the breakneck Tezos rally. Volume-wise, crypto exchanges listing XTZ-enabled pairs reported trading activity worth a little above $ 8.2 million. Among those

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US-China Trade Optimism Fuels $1 Trillion Chinese Stock Rally

Following a period of economic turmoil caused by trade friction between the U.S. and China, Chinese markets are experiencing an extraordinary recovery driven by indications that Donald Trump may be softening his hard line in trade negotiations between the world’s two largest economies. After Trump announced that he would postpone the March 1 deadline for Chinese import tariff hikes, the CSI 300 Index recorded a 6 percent surge last Monday. The Shanghai Composite Index also recorded its best day since June 2015, after it closed with a 5.6 percent gain. It will be recalled that over the past few weeks,

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