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SPY

US job openings fell to a 28-month low in July, indicating a cooling labor market due to the Federal Reserve's monetary policy tightening. Consumer confidence also dropped to its lowest level in 16 months. The dollar and Treasury yields fell, while stocks, including the SPDR S&P 500 ETF Trust (NYSE:SPY), rallied.

Portfolio Pulse from Piero Cingari

August 29, 2023 | 2:44 pm

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Crypto-related stocks are trading higher following a report that the US federal appeals court ruled the SEC was wrong to reject Grayscale's spot bitcoin ETF application.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:37 pm

FXI

Russian President Vladimir Putin is expected to attend the Belt and Road Forum in China in October, his first overseas trip since the International Criminal Court issued an arrest warrant against him. This comes amid strengthening ties between Russia and China, especially within international forums. The iShares China Large-Cap ETF (FXI) rose 1.5% on Tuesday, surging over 7% compared to a week ago, as China pledged to cut interest rates on mortgages and deposits.

Portfolio Pulse from Piero Cingari

August 29, 2023 | 2:37 pm

SPY

Fox News reports on a possible government shutdown, with Issa suggesting that instead of a straight Continuing Resolution (CR), common ground could be found in a number of bills before September 30th. Issa also comments on the difference in spending levels between the Senate and the House, and the possibility of an impeachment inquiry. The news also hints at potential negative revelations about the Bidens.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:37 pm

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Cryptocurrencies are trading higher after a US federal appeals court ruled that the SEC was wrong to reject Grayscale's spot bitcoin ETF application.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 2:36 pm

INDA

Applicants under the Production Linked Incentive (PLI) Auto Scheme in India have proposed an investment of ₹676.90B. As of June 30, an investment of ₹107.55B has been made under the scheme.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:34 pm

SPY

The outlook for the Texas services sector for August is -2.7, which is better than the estimated -6.1 and the prior figure of -4.2.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:32 pm

SPY

The Dallas Federal Reserve has reported services revenues for August at 16.2, significantly higher than the estimated 6.8 and the prior figure of 12.9.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:31 pm

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SPY

The U.S. Federal Appeals Court has ruled that the U.S. Securities and Exchange Commission (SEC) was wrong to reject an application from Grayscale for a spot Bitcoin ETF, according to Reuters.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:28 pm

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Grayscale Investments has won a lawsuit against the Securities and Exchange Commission (SEC). The details of the lawsuit and its implications for Grayscale's operations are not specified.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:25 pm