Wall Street on track for the worst December since 1931
Today’s highlights: Crypto markets correct losses, Healthcare sector in trouble
- A bull run or a bull trap? Cryptocurrencies registered a healthy double-digit correction, with EOS leading the march (+25.5%). Bitcoin, the largest crypto by market cap, and often considered the bellwether of the industry shot up over 10%, from $3200 levels to $3500, even testing resistance $3600. XRP soared over 18%, and Ethereum went up by 12%.
- The spill continues: Crude oil sees another negative trading day, as it registered a 0.8% loss, dropping below $50 for the first time this year.
Stocks earnings releases on 18/12/2018
Stocks earnings releases on 19/12/2018
Earnings season coming to a close: The last round of earnings report will be released over the next few weeks towards the end of the year. To follow upcoming earnings reports, go to eToro’s Earnings Reports Calendar. Please note that maximum leverage for CFD stocks will be limited to X5 one day ahead of earnings report releases. X10 leverage will be available again soon after the report is published.