On Wednesday Wall Street’s main indexes opened higher, as a rout in technology shares halted and investors shrugged off news that AstraZeneca had paused global trials of its experimental Covid-19 vaccine.
Federal banking regulators eased restrictions on investments that large banks can make today, including the so-called “Volcker Rule,” sending bank stocks surging.
US stocks paused on Monday after three sessions of gains as a lack of clarity over the first phase of a US-China trade deal weighed on sentiment, while investors geared up for the third-quarter earnings season.
The first trade in the new contracts was executed on ICE’s futures exchange at 8:02 p.m. ET at a price of $10,115, Bakkt, the firm behind the contracts, said in a Twitter post. Bakkt is an ICE-backed venture which aims to make trading and paying with cryptocurrencies viable for retail and institutional investors alike.