Tag: Stock Markets

Buyers beware as “altcoin” frenzy bruises bitcoin

By Tom Wilson LONDON (Reuters) – Bitcoin’s smaller rivals are eroding its share of the $2 trillion digital currency market. Of the dozens snapping at its heels, most have little use beyond financial trading – but few of the investors fuelling their rise seem bothered. Among the major “altcoins” – as all cryptocurrencies aside from bitcoin are known – some

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Dow Ends Deeper in Red on Late-Selling as Tech Pares Gains

By Yasin Ebrahim Investing.com – The Dow closed lower on sharp selling into the close Tuesday as tech stocks gave up gains and energy shares were dragged lower by falling oil prices on fears an Iran nuclear deal will boost global oil supplies.    The S&P 500 fell 0.89%, the Dow Jones Industrial Average fell 0.78%, or 267 points,  and Nasdaq Composite

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