188bet

Top Stock Movers Now: MicroStrategy, EQT, Bally's, and More

188betLiên kết đăng nhập
George Rose / Contributor / Getty Images

Key Takeaways

  • U.S. equities were mixed at midday Monday, March 11, 2024 as a survey of consumers found their outlook for long-term inflation remained above the Federal Reserve’s 2% target.
  • Shares of MicroStrategy, Coinbase Global, and other crypto-related firms surged as Bitcoin continued its record-setting streak.
  • EQT said it was buying midstream natural gas infrastructure provider Equitrans Midstream for approximately $5.5 billion. EQT shares lost ground, while Equitrans Midstream shares gained.

U.S. equities were mixed at midday Monday after a survey by the Federal Reserve Bank of New York showed consumers’ outlook for long-term inflation remained well above the Federal Reserve’s 2% target. The S&P 500 and Nasdaq declined, while the Dow was little changed and slightly higher.

EQT (EQT) shares slumped after the natural gas producer said it was purchasing midstream infrastructure provider Equitrans Midstream (ETRN) for about $5.5 billion. Equitrans Midstream shares gained.

Eli Lilly (LLY) shares lost ground for a second-straight session after the Food and Drug Administration (FDA) noted it would collect more information about Lilly’s experimental Alzheimer’s treatment, donanemab, which will delay its release.

Bally’s (BALY) shares soared after hedge fund Standard General offered to buy the company for $15 per share. Shares of rival casino operators rose as well.

Shares of MicroStrategy (MSTR), Coinbase Global (COIN), and other crypto-related firms surged as Bitcoin continued its record-setting streak, with the price exceeding $72,000. Most other major cryptocurrencies also traded higher.

Oil futures declined. Gold kept up its record-setting pace. The yield on the 10-year Treasury note was little changed. The U.S. dollar was up against the euro and pound, but dropped versus the yen.

188betLiên kết đăng nhập
TradingView
Do you have a news tip for Investopedia reporters? Please email us at
Take the Next Step to Invest
×
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
m88 trực tuyến nhacaiuytin link 12bet 2888k casino fb88 nhà cái w88