Stocks climbed on Friday afternoon as investors welcomed a key monthly jobs report that showed hiring remains robust in the US economy. The Middle East crisis and a return to work at US ports also stayed in high focus.
The S&P 500 (^GSPC) put on 0.6%, while the Dow Jones Industrial Average (^DJI) added roughly 300 points,
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» Read more about: US Stocks Rebound: Nasdaq and S&P 500 Gain on Bullish Labor Market Report »
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Although cryptocurrency prices have been falling for a while, the overall feeling in the market remains positive. Recently, Bitcoin (BTC) has risen above $65,000, and Ethereum (ETH) has risen above $2,600,
1. Regular Audits: Before launching a new feature or update, crypto exchanges should undergo comprehensive audits from reputable security firms. Audits help reduce vulnerabilities but cannot guarantee absolute security.
2. Cold Storage of Assets: Storing the majority of user assets in cold wallets minimizes the effects of hacks.
Dhierin-Perkash Bechai is an aerospace, defense and airline analyst.
Dhierin runs the investing group The Aerospace Forum,
Stocks climbed on Friday afternoon as investors welcomed a key monthly jobs report that showed hiring remains robust in the US economy. The Middle East crisis and a return to work at US ports also stayed in high focus.
The S&P 500 (^GSPC) put on 0.5%, while the Dow Jones Industrial Average (^DJI) added just under 0.4%,
Investing
Many utilities stocks have taken off in 2024 due to the increased demand for electricity to power AI data centers. This thirst cannot seem quenched, so that’s great news if you own or are considering buying one or more utilities stocks or ETFs.
» Read more about: 3 Top-Notch Utility Stocks to Buy in October »
» Read more about: Will EU's EV Tariffs Ignite a Global Trade War? »
Big Tech stocks were mostly up Friday afternoon, with gains led by Tesla Inc.
Shares of an exchange-traded fund that holds seven closely watched Big Tech stocks, the Roundhill Magnificent Seven ETF, were up 1.1%, according to FactSet data, at last check. The ETF’s holdings include Tesla, Nvidia Corp.,
