Dow lags The major US indices are opening at new record levels with the NASDAQ leading the way. The Dow is lagging. A few minutes into the opening is showing: S&P index +5.01 points or 0.15% at 3321.82 NASDAQ index up 25.076 points or 0.27% at 9382.20 Dow up 16.81 points or 0.06% at 29314.45 in other markets:
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Patrick McDonnell was sentenced to 33 months in federal prison Thursday after pleading guilty to charges of defrauding investors in his crypto trading firm CabbageTech, otherwise known as Coin Drop Markets. McDonnell was also ordered to pay back his victims $224,352, according to the U.S. Attorney’s Office for the Eastern District of New York. Thursday’s
Univ. of Michigan, capacity utilization, Housing starts There is a continuation of economic releases schedule tomorrow including: Building permits and housing starts at 8:30 AM/1330 GMT.  Building permits are expected to come in at 1460K vs 1482K last month.  Housing starts are expected at 1380K vs 1365K last month Capacity utilization and industrial production will be released at 9:15 AM ET/1415 GMT.  Capacity utilization
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U.S.-based Kraken announced its plans for expansion into the Asia-Pacific (APAC) region on Tuesday after acquiring one of Australia’s longest-running cryptocurrency exchanges, Bit Trade. Kraken is aiming to position itself as the premier cryptocurrency service within the region, identifying Australia as a key growth area for retail and institutional clients. The financial terms of the