Reuters reports that Nigerian stocks are expected to keep rising in 2018, fueled by hopes that lower interest rates and a stable currency will help corporate profits, but traders say gains might be short-lived. The all-share index crossed 38,000 points on Friday, with stocks climbing 42 percent for 2017 – its biggest gain since 2013.…
Nasdaq Is Betting on Bitcoin; Shouldn’t You?–Reuters NEW YORK (Reuters) – Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018, making it the third exchange operator to plan U.S. derivatives contracts linked to the digital currency, a source with knowledge of the matter said on Wednesday. The price of bitcoin…
A Decade Later: What $1K Invested in These Stocks is Worth Today On October 11, 2007, the Dow Jones Industrial Average hit a new high of 14,198.10 in intraday trading. At the time, it would have been impossible to know, but such a peak wouldn’t again be matched until 2013, almost six years later.…