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2019-02-05 14:40:13

Dow Blasts Higher While Bitcoin Endures Painstaking Search for a Bottom

A defiant US stock market opened to significant gains on Tuesday, brushing off bearish portents about declining corporate earnings. Bitcoin, meanwhile, continues to endure a painstaking search for a bottom as it seeks to bring its longest-ever bear market to a definitive close. Defiant Dow Extends Early-Week Rally Shortly after Tuesday’s opening bell, the Dow Jones Industrial Average had gained 99.61 points or 0.39 percent. The S&P 500 and Nasdaq also extended their gains, rising 0.24 percent and 0.41 percent, respectively. On Monday, the Dow clawed back from an early-morning decline to mount a more than 175 point or 0.7 The post Dow Blasts Higher While Bitcoin Endures Painstaking Search for a Bottom appeared first on CCN