Category: Spikes

Dow Spikes on Trade War Hype, But Vital Consumer Data Save the Day
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Dow Spikes on Trade War Hype, But Vital Consumer Data Save the Day

The Dow, S&P 500, and Nasdaq rose in unison on Friday. A vital consumer data metric rebounded from the previous month’s unexpected contraction. Trump administration officials expressed confidence that the US and China will sign a trade deal soon. The Dow forged ahead on Friday, setting the 28,000 mark firmly in its sights as strong…

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Stellar (XLM) Spikes 8%; What’s Causing the Pump?
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Stellar (XLM) Spikes 8%; What’s Causing the Pump?

XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday, as it posts an 8% intraday increase. The crypto markets have seen some bullish performance of late following the…

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