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Data analytics conducted by Dow Jones Market Data shows that the rolling correlation between gold and the S & P 500 has been 0 since 1975, meaning there is no linear relationship (1 represents a perfect positive correlation). Since November 2014, the correlation between bitcoin and the S & P 500 has been 0.21, while the correlation between bitcoin and gold has been 0.09. George Milling-Stanley, chief gold strategist at State Street Global Advisors, said bitcoin...
The Dow Jones index closed on December 20 (Friday) rose 498.51 points, or 1.18%, at 4 2840.75 points; the S & P 500 index closed on December 20 (Friday) rose 63.79 points, or 1.09%, at 5930.87 points; the Nasdaq Composite Index closed on December 20 (Friday) rose 199.83 points, or 1.03%, at 19572.60 points.
On November 20th, according to Fox Business, Dow Jones Market Data Group data showed that as of Thursday morning, the largest bitcoin spot ETF BlackRock IBIT assets reached $42 billion, an increase of 38% in the past seven days. This move pushed the price of the ETF (ticker symbol IBIT) to an all-time high and is now considered the fastest growing ETF ever. A BlackRock spokesperson said...
The Dow Jones index expanded its gains to 1%, the S & P 500 index is up 0.67%, and the Nasdaq index is up 0.44%.
The Dow Jones index hit an all-time intraday high, rising 0.4%.
The Dow Jones index hit a new intraday record and is currently up 0.5%.
The Dow Jones index extended its decline to 1.00 percent, with component stocks Boeing (BA. N) down 2.9 percent, Walmart (WMT. N) down 2.5 percent, McDonald's (MCD. N) down 1.6 percent and Caterpillar (CAT. N) down 1.4 percent.
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