* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, September 27, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

    Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

    ‘Today’: Sheinelle Jones Thanks Katie Couric for Support After Husband’s Death – CBS 19 News

    Sheinelle Jones Expresses Heartfelt Thanks to Katie Couric for Support After Husband’s Passing

    Sate your hunger at DBA’s Taste of Downtown – Bakersfield.com

    Indulge Your Cravings at DBA’s Taste of Downtown!

    Caesars Entertainment (CZR): Assessing Valuation After Times Square Casino Setback and Mounting Investor Concerns – simplywall.st

    Caesars Entertainment Faces Times Square Casino Hurdles as Investor Concerns Mount

    Why Hilaria Baldwin Has Found the ‘DWTS’ Process ‘Embarrassing’ At Times – WFXG

    Hilaria Baldwin Opens Up About the Embarrassing Moments on Her ‘DWTS’ Journey

    Harvest Fest 2025 – yadkinripple.com

    Celebrate the Bounty: Harvest Fest 2025 is Coming!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

    Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

    Autonomous Solutions shows off cutting-edge technology for the public – Cache Valley Daily

    Autonomous Solutions Unveils Cutting-Edge Technology for the Public

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    Amazon to Pay $2.5 Billion in Prime Membership Settlement – The New York Times

    What are we really gaining from technology? – Fast Company

    What Are We Really Gaining from Technology?

    TOMI Environmental Solutions, Inc. Expands SteraMist iHP Technology Services in Healthcare Sector with New Provider Partnership – Quiver Quantitative

    TOMI Environmental Solutions Accelerates SteraMist iHP Technology Expansion in Healthcare with New Provider Partnership

    Indiana County Technology Center’s Joint Operating Committee looks to the future as program plans began to take shape – Indiana Gazette Online

    Indiana County Technology Center’s Joint Operating Committee Charts an Exciting Path Forward as New Program Plans Take Shape

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

US futures slip, bitcoin soars, COP28

December 4, 2023
in Business
US futures slip, bitcoin soars, COP28
Share on FacebookShare on Twitter

US futures slip, bitcoin soars, COP28 - what's moving markets
© Reuters

Investing.com — U.S. stocks are set to start the new week on a negative note, handing back some of the prior month’s strong gains as traders await Friday’s key jobs report. Bitcoin soars above $40,000, while crude retreats amid uncertainty over the actual extent of newly announced OPEC+ output cuts. The COP28 meeting is coming to an end, with its final agreement in dispute. 

1. Futures slip after S&P hit 2023 high

U.S. stock futures fell on Monday, handing back some recent gains at the start of the final month of the year.

By 05:15 ET (10:15 GMT), the contract was 78 points, or 0.2%, lower, had dipped by 13 points or 0.3%, and had fallen by 60 points or 0.4%.

The benchmark hit its highest level this year on Friday, bringing its year-to-date gains to almost 20%. The blue-chip Dow has also advanced for five weeks straight and is up over 9% for the year, while the tech-heavy has surged 37% in 2023.

The averages have benefited from growing expectations that the Federal Reserve will keep interest rates unchanged later this month, before starting to cut next year.

Fed Chair Jerome Powell said on Friday that the risks of the U.S. central bank slowing the economy more than necessary have become “more balanced” with those of not moving interest rates high enough to control inflation, suggesting caution going forward.

There will be no updates from Fed officials during the week as the central bank enters the traditional blackout period ahead of its Dec 12 – 13 meeting, meaning investors will have to concentrate on data releases for further monetary policy clues, and Friday’s official jobs report in particular (see below).

2. November payrolls close this week

The week’s key economic data release will be Friday’s November report, as investors try and gauge whether growth in the world’s largest economy is continuing to level off.

Economists expect the U.S. economy to have added 180,000 jobs in November, after 150,000 jobs were created in October, with the remaining at 3.9%. are seen rising 0.3% on the month, an annual rise of 4.0%. 

Too strong a number would undercut bets that the Fed will begin loosening its restrictive monetary policy earlier than expected, presenting an obstacle to the fourth quarter rally in stocks and bonds.

A weak number, on the other hand, could spark fears that the economy is cooling following 525 basis points of rate increases, potentially dampening risk appetite.

3. Bitcoin surges past $40,000

, the world’s biggest cryptocurrency, surged past the $40,000 level in early trading Monday, more than doubling in value this year and climbing to its highest level since May 2022, right before the cryptocurrency sector was rocked and prices slumped due to the collapse of the stablecoin Terra.

Bitcoin, and the cryptocurrency market as a whole, has benefited from raised expectations that U.S. interest rates are heading lower next year – after all, easy monetary policy and increased speculative trading saw the token reach a record high of nearly $69,000 in 2021. 

Adding to positive sentiment has been speculation over the potential approval of a U.S. ETF that directly tracks the price of the cryptocurrency, amid growing confidence that this would draw in large swathes of institutional capital. 

The approval of such a product by the U.S. Securities and Exchange Commission would likely be translated as meaning official acceptance of the crypto industry – a sector that has been wracked with a series of high-profile bankruptcies and regulatory crackdowns.

4. COP28 final statement in debate

The 2023 United Nations Climate Change Conference continues in Dubai Monday, but world leaders have now left, so any announcements are likely to be more limited in scope.

Central to the summit’s outcome is how countries will word a final agreement on the future of fossil fuels.

The president of the summit, UAE’s Sultan al Jaber, caused controversy over the weekend by claiming there was “no science” to suggest phasing out fossil fuels will help limit global warming to the 1.5 degrees celsius target established by the 2015 Paris Agreement. 

More than 100 countries already support a phase-out of fossil fuels, and the success of this summit could be determined by whether the final COP28 agreement calls for this or uses weaker language such as “phase-down”.

5. Oil retreats after voluntary OPEC+ output cuts

Oil prices fell Monday, continuing the weakness seen at the end of last week amid uncertainty over the likely extent of the crude output cuts agreed by a group of top producers.

By 05:15 ET, the futures traded 0.9% lower at $73.40 a barrel, while the contract dropped 0.9% to $78.14 per barrel. 

Oil prices slumped more than 2% last week despite the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, announcing additional production cuts in order to support prices.

However, the cuts were voluntary in nature, and this has raised doubts about whether or not producers would fully implement them. 

This uncertainty has outweighed the rising geopolitical tensions, with the resumption of the Israel-Hamas war after a recent ceasefire. Additionally, there was an attack on an American warship and commercial vessels in the Red Sea on Sunday, with Yemen’s Houthi group claiming drone and missile attacks on two Israeli vessels in the area.

The developments risk inflaming fears that the Israel-Hamas war could widen into a broader conflict, potentially impacting crude supply in the oil-rich region.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Investing.com – https://www.investing.com/news/economy/us-futures-slip-bitcoin-soars-cop28–whats-moving-markets-3248518

Tags: BitcoinbusinessFutures
Previous Post

InterCity owner Entrada buys Greyhound Australia

Next Post

U.S., allies pressure Liberia, Marshall Islands, Panama over Russia oil sanctions

City Parks Initiative Launches Ecological Tracker for Bond Projects – Citizen Portal AI

Revolutionary Ecological Tracker Unveiled to Transform Monitoring of City Parks Bond Projects

September 27, 2025
Award-winning science writer leads student discussions at Eckerd – theonlinecurrent.com

Award-Winning Science Writer Inspires Student Discussions at Eckerd College

September 27, 2025
Human Head Transplants: Where the Science Stands, and Why the Ethics Are So Complicated – Discover Magazine

Human Head Transplants: The Science Behind the Procedure and the Complex Ethical Debate

September 27, 2025
New lifestyle brand TENŌRE set to open flagship store in Waikīkī – KITV

New lifestyle brand TENŌRE set to open flagship store in Waikīkī – KITV

September 27, 2025
Aurora police hope to add facial recognition technology to crime-fighting tools – CBS News

Aurora Police Aim to Boost Crime-Fighting with New Facial Recognition Technology

September 27, 2025
Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

Hawaii women’s volleyball team prepares to get creative for Big West play – Spectrum News NY1

September 27, 2025
Hypertension – World Health Organization (WHO)

Hypertension – World Health Organization (WHO)

September 26, 2025
In Kansas City, Secretary Rollins Speaks on State of Farm Economy, Announces Suite of Actions to Support American Farmers – USDA (.gov)

Secretary Rollins Launches Bold New Initiatives to Boost Kansas City’s Farm Economy and Empower American Farmers

September 26, 2025
Cardi B Adds More Dates to Little Miss Drama Tour: ‘Y’all Making Me Work’ – Yahoo

Cardi B Extends Little Miss Drama Tour: “Y’all Making Me Work

September 26, 2025
Vandalia Health Mon Stonewall Jackson Memorial Hospital to host blood drive Sept. 29 – Mon Health

Vandalia Health Mon Stonewall Jackson Memorial Hospital to Host Life-Saving Blood Drive on September 29

September 26, 2025

Categories

Archives

September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (839)
  • Economy (859)
  • Entertainment (21,734)
  • General (17,265)
  • Health (9,902)
  • Lifestyle (872)
  • News (22,149)
  • People (861)
  • Politics (869)
  • Science (16,069)
  • Sports (21,359)
  • Technology (15,842)
  • World (842)

Recent News

City Parks Initiative Launches Ecological Tracker for Bond Projects – Citizen Portal AI

Revolutionary Ecological Tracker Unveiled to Transform Monitoring of City Parks Bond Projects

September 27, 2025
Award-winning science writer leads student discussions at Eckerd – theonlinecurrent.com

Award-Winning Science Writer Inspires Student Discussions at Eckerd College

September 27, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version