US markets close mixed as financials, energy stocks advance

• June 22, 2021 11:52 AM AEST
• Furquan Moharkan

Bitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation.  The price of the world’s largest cryptocurrency – Bitcoin – has now crashed more than 10% in the last 24 hours as China further tightened...

• June 21, 2021 02:59 PM PDT
• Sanjeeb Baruah

Benchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...

• June 22, 2021 04:09 AM AEST
• Team Kalkine Media

Summary Two-day Amazon Prime Day sale has 2 million products on offer across 20 countries. In 2020, Amazon’s Prime Day sales were up 45.2% to US$104 billion from the previous year. Macy’s, Kohl’s, Walmart, Bed, Bath & Bey...

• June 22, 2021 03:02 AM AEST
• Team Kalkine Media

Summary Chinese authorities have ordered the financial institutions to refrain from offering crypto services in a latest of a series of clampdown on the digital currency market. The central bank said cryptocurrency trade could lead to illegal a...

• June 21, 2021 05:03 PM AEST
• Furquan Moharkan

Shopping is one thing that almost everyone loves – that is when you have the purchasing power to buy things. You get to buy the things you have always wished for. It sparks a sense of instant gratification, elevating your dopamine levels. Howe...

• June 21, 2021 03:00 PM AEST
• Sonal

The first thing that is needed to start a business is money or capital due to higher costs and inconsistent revenues initially. People can get money by putting in their own capital, raising capital by getting investors or by getting loans from banks....

• June 21, 2021 01:55 PM AEST
• Furquan Moharkan

The equity markets in Asia-Pacific (APAC) region witnessed a heavy sell-off on Monday as the Federal Reserve’s hawkish stance on monetary policy continued to weigh heavily on the markets. Japan was the worst performer in the region with the Ni...

• June 21, 2021 01:17 PM AEST
• Furquan Moharkan

A country’s economy can be compared to a chariot driven by two different horses - the government and the central bank. While the government is involved in giving broader push to economy, the central bank takes the responsibility (which may, at...

• June 21, 2021 12:50 PM AEST
• Tripti Joshi

Summary Plant-based meat, or meatless meat, is an essential element for people who prefer a vegan diet and adopt a lifestyle devoid of animal-based foods. Plant-based meats are often low in calories and saturated fat while having high fibre and...

• June 20, 2021 07:01 PM AEST
• Suhita Poddar

Summary E-commerce retail giant Amazon is holding its annual prime day online shopping sale event on June 21. The event is expected to help the company capture over 40 per cent of total US digital sales by the end of 2021, thus retaining its le...