The judge reportedly said she would not be inclined to have attorneys bring up the US Treasury’s 2022 sanctions against Tornado Cash after they were withdrawn in March.
The hearing will come after the US Senate passed legislation to address stablecoin regulation and Republican House leadership said they would handle three bills starting on Monday.
Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance.
SINGAPORE (Reuters) -Goldman Sachs has raised its three-, six- and 12-month return forecasts for the S&P 500, citing expectations of U.S. interest rate cuts and continued fundamental strength of major large-cap stocks as key drivers of its positive outlook. The Wall Street bank has revised its S&P 500 return forecasts, projecting a 3% gain over three months and an 11% gain over 12 months, targeting index levels of 6,400 and 6,900, respectively. "Earlier and deeper Fed easing and lower bond yields than we previously expected, continued fundamental strength of the largest stocks, and investors' willingness to look through likely near-term earnings weakness support our revised S&P 500 forward P/E forecast of 22 times from 20.4 times," analysts said in a note late on Monday.
Tesla is part of the Magnificent Seven. Cathie Wood, CEO of Ark Invest, oversees numerous exchange-traded funds (ETFs), including a family of funds that invest in technology stocks. One of the Ark Innovation ETF's biggest winners has been Tesla (NASDAQ: TSLA).
Risk assets were struggling in the wake of President Trump’s latest tariff threats, but it’s by no means a clean risk-off trade. The Russell 2000, for example, sank 1.6%. That’s likely because many small-cap stocks are sensitive to economic worries sparked by high tariff rates.
The dollar (DX=F, DX-Y.NYB) has had a 13-year run, but that era may be ending. Thierry Wizman, Macquarie Global FX and interest rates strategist, joins Market Catalysts to explain why the currency could be entering a period of weakness tied to rich valuations, policy uncertainty, and shifting global demand. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here.