📈 Stock Market News: Crazy Volatile Week Comes To An End - But It's Not Over Yet
Here's what is happening in the markets today, Friday, September 24th
Here's what is happening in the markets today, Friday, September 24th:
- Stocks Index Futures point to a lower open to end the week with a loss
- Bitcoin plummets 7% after The People's Bank of China banned cryptocurrency trading
- Crypto-related stocks are down in premarket trading. Coinbase (COIN) lost more than 3%. Robinhood (HOOD) shed 2%. Square (SQ) was off by 1.6%.
- Evergrande Saga: Evergrande has missed a payment on an American bond and is staying silent
- Costco (COST) beat earnings estimated and is putting purchase limitations back on key items, including toilet paper and high-demand cleaning products.
- COVID Vaccine: CDC chief Dr. Rochelle Walensky overrules panel and clears Pfizer(PFE) boosters for front-line workers
- Nike (NKE) shares fell 5% after missing earnings expectations
- Under Armour (UAA) fell 2% in premarket trading after rival Nike cut its guidance.
- Tesla (TSLA): Cathie Wood plans to sell Tesla if the stock hits $3,000 by next year.
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