The 0.5 Fib is also a horizontal support area, making it very likely to act as the bottom.
Users of the card will from this summer receive up to 3% in bitcoin or other cryptocurrencies on their purchases, the companies said in a statement, with the digital currency deposited in the cardholder’s Gemini account.
A surge in shares of Alphabet following strong earnings drove the S&P 500 to a record high and bolstered the Nasdaq index, while investors hoped that the Federal Reserve would stick to its promise of keeping monetary policy loose.
Tepid results from Tesla and 3M weighed on Wall Street on Tuesday, with the S&P 500 and Dow ending near flat as investors focused on wave of earnings reports from Microsoft, Alphabet and other corporate heavyweights.
Among questions being explored by the probe are why Ant’s IPO was fast-tracked, if the company made sufficient disclosures and whether it received preferential treatment in the allocation of its stock code, they said.The Wall Street Journal, which reported the probe earlier, said Beijing was also looking into what support local officials provided Ant and into big state-owned firms that stood to gain from a listing of Jack Ma’s financial technology giant.The scrutiny points to the continuing fallout from the abrupt suspension of Ant’s initial public offering, days before a trading debut in Shanghai and Hong Kong last year.The derailment of what was slated to be the world’s largest IPO marked the start of a sweeping crackdown by Beijing on China’s celebrated financial technology giants, which authorities have pledged to rein in this year.
and Europe.“There are good opportunities for investment-grade issuers to bring new deals, but the bias remains toward high-yield credit,” said Jake Gearhart, head of emerging-market syndicate and Latin American debt capital markets at Deutsche Bank.In March, Ghana sold Africa’s first zero-coupon dollar bond as part of a $3 billion Eurobond deal, highlighting how credit markets have opened up to borrowers that would have historically not been able to issue debt that doesn’t repay anything until maturity.This month, an arm of Central American conglomerate Corporacion Multi Inversiones, owner of Pollo Campero restaurants, tapped the international debt market for the first time with the sale of $700 million of bonds.
New York timeThe Nasdaq 100 fell 0.2%The Dow Jones Industrial Average fell 0.3%The Stoxx Europe 600 was little changedThe MSCI Emerging Markets Index rose 0.3%CurrenciesThe Bloomberg Dollar Spot Index was little changedThe euro was unchanged at $1.2091The British pound was little changed at $1.3906The Japanese yen fell 0.2% to 108.89 per dollarBondsThe yield on 10-year Treasuries advanced one basis point to 1.64%Germany’s 10-year yield advanced two basis points to -0.23%Britain’s 10-year yield advanced two basis points to 0.80%CommoditiesWest Texas Intermediate crude rose 1.7% to $64 a barrelGold futures fell 0.3% to $1,774 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.