Tech propels Nasdaq to record; bank, health stocks weigh on S&P

(Reuters) - Strong gains in tech heavyweights lifted the Nasdaq to a record intra-day high on Tuesday, while declines in financial and healthcare stocks weighed on the S&P 500 and Dow.


from Reuters: Business News https://ift.tt/2xH6QVj

Comments

Post a Comment

Popular posts from this blog

The Death of Bitconnect – When Crypto Turns Ponzi Scheme

Image
The controversial cryptocurrency exchange platform, Bitconnect, which has been flagged by several news sources as a ponzi scheme, has been taken down. Users are unable to cash in on the local BCC tokens, resulting in huge losses for investors. The cryptocurrency market crashed after reports that the Chinese authorities are cracking down on cryptocurrency exchanges and mining. This sparked the huge sell off in the BCC token, which dropped from as high as $400 to just $7, as shown by coinmarketcap.com . One investor claimed in a Reddit post to have lost over $400,000 after the platform went under. Whether it was an unfortunate coincidence of regulatory scrutiny, bad press and a market sell-off that caused bitconnects demise or in fact they were really a Ponzi scheme, it has hit some investors hard, losing large sums of their investments. However, this shouldn’t put you off investing in cryptocurrencies, see out recommended exchanges . We look at how bitconnect went under in the infog
Read more

Pure PoW Distribution of an ERC20 Token?

0xBTC is a new coin (two months old) and is a front runner. The creator of 0xBTC created the standard for mineable tokens on the Ethereum network. The creator also made the contract that mints 0xBTC impossible to modify. It’s truly a decentralized means of monetary exchange, the first token in the Ethereum network to do so. With every upgrade ETH gets, 0xBTC benefits from as well. The algorithm to mine 0xBTC is ASIC resistant. 51% attacks are impossible with this token. It’s entirely reliant on the security of the ETH network. The smart contract mints the tokens to users based on work done through PoW. There was no ICO, no premine, no devfee, 0xBTC is the first purely, truly PoW distributed ERC20 token. The contract that dispenses 0xBTC will only mint 21,000,000 tokens, the same supply as BTC. The current price is $0.50 and in my opinion this won’t last long. If you’re looking for some profitable or speculation mining, look no further than 0xBTC! Even if you just want to buy and hodl
Read more