Icon close
change language change language English

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Market Recap I 29-Feb-2024

Thursday February 29 2024 14:26

The Federal Reserve’s favored measure of inflation – the core Personal Consumption Expenditures (PCE) Price Index – is scheduled for release later today on Thursday, with forecasts indicating a projected 0.4% increase.

Today, oil prices extended their decline from the previous session due to a larger-than-expected build in U.S. crude inventories.

Furthermore, the price of Bitcoin surged above the $60,000 threshold during Wednesday’s US session, marking its first ascent above this level since November 2021. This surge was driven by significant inflows into US-based ETFs, as highlighted by multiple analysts.

In a surprising turn of events, Apple has decided to terminate its decade-long effort to develop an electric car, a project known as Titan, shifting its focus from automotive innovation to artificial intelligence.

×
Open Live Account

Start trading with A globally leading broker

Want to start trading?

STARTRADER

Online Trading App

Online App Score
Install
Customer Service
Customer Service