Wall Street’s ‘fear index’ surges by most in 10 months as Dow and S&P 500 set to tumble on COVID variant worries

A measure of implied volatility on Wall Street on Black Friday touched the highest level since around September as futures for the Dow Jones Industrial Average [: DJIA]
and the S&P 500 index
looked set to tumble amid concerns of a fast-spreading strain of coronavirus, which was identified in South Africa, Hong Kong and Israel and was already leading to travel restrictions. The CBOE Volatility Index
jumped by about 40% Friday morning, trading around 25.4, which would mark the highest level for the index since around Sept. 20 and mark the

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Wall Street hits records as Tesla surges; focus on Fed meeting

  • Indexes end at record highs
  • Federal Reserve policy statement due Wednesday
  • Harley-Davidson rises as EU-U.S. end tariff dispute
  • Indexes up: Dow 0.26%, S&P 0.18%, Nasdaq 0.63%

Nov 1 (Reuters) – Wall Street’s main indexes notched record closing highs on Monday as Tesla shares surged and the energy sector gained while investors looked ahead to a major Federal Reserve meeting later in the week.

The Dow Jones Industrial Average (.DJI) eclipsed 36,000 points for the first time ever during intraday trading, ending just shy of that level.

Accommodative monetary policy has been one of the key supports for the stock market,

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ASX set to slide lower as Wall Street fades; iron ore surges

Stocks closed broadly lower after a day of choppy trading on Wall Street on Monday (US time) as investors prepare for a busy week of corporate earnings and inflation updates.

The major indexes made early gains, but slowly fizzled as the day progressed. The S&P 500 fell 30.15 points, or 0.7 per cent, to 4,361.19. The benchmark index gained as much as 0.6 per cent in the early going.

Wall Street made a bright start to the session but lost steam in the afternoon.Credit:AP

The Dow Jones Industrial Average fell 250.19 points, or 0.7 per cent, to 34,496.06

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bitcoin price today: Top Cryptocurrency Prices Today: Bitcoin, Binance Coin up; Dogecoin surges 25%

New Delhi: Major cryptocurrencies were trading higher on Friday. Eight out of the top 10 digital tokens were trading with solid gains at 9.30 hours IST, led by Dogecoin which gained as much as 25 per cent.

The heads of some of the world’s biggest cryptocurrency exchanges say Bitcoin miners are shifting operations out of China as authorities intensify their crackdown on the space.

China’s moves had injected uncertainty into the cryptocurrency market and helped pull Bitcoin down to the lower end of its recent trading range, with the coin briefly falling below $30,000 this week after having reached nearly

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Australian shares hit another record high, Wall Street ‘meme stock’ AMC surges 96pc

Australian shares have climbed to a record high for the second day in a row — amid optimism over the nation’s economic recovery and expectations that stimulus and low interest rates will persist for years.

The ASX 200 posted a record closing high of 7,260 points, after rising 0.6 per cent, thanks to surging oil and gas stocks.


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CumRocket Crypto Surges 634% In A Single Day In ‘Extreme Mania’ Market

What Happened: A cryptocurrency called CumRocket (CUMMIES) surged 634% in a single day, taking its market cap to over $140 million, according to data from CoinMarketCap.

The project’s main goal is to provide an NFT marketplace for 18+ content, where creators get paid in crypto and tipped in the CumRocket token CUMMIES.

CUMMIES are traded on the Binance Smart Chain, and according to the project’s tokenomics, every time someone sells a token, they are charged a 5% tax, of which 2.5% is burned automatically, while the other 2.5% is distributed to existing holders.

CumRocket considers itself to be more

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