Today’s News: Stock Market Hit 19,999 But What Happens at 20,000? Bitcoin Drops $200!
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Stock market and news recap
The Dow Jones is sitting just below 20,000, unable to crack it. If it does surpass 20,000 I believe it will trigger many algorithms.
The Nasdaq hit another record high
Oil is at $53 a barrel
Bitcoin has fallen to $837 which was about a $200 crash
Gold is at $1172, remaining within a trading range for quite some time now
Apple is expected to produce significant corporate profits which has sent the stock higher
Simultaneously, Apple bosses are getting a haircut on their salaries as a result of poor performance
Macy’s and Kohl’s announce layoffs
China’s foreign exchange reserves still remain over $3 trillion