📊 Consumer spending has been decreasing consistently month by month.

2023 has proven to be a challenging year as expenditures have continued to decline each month.

@Fin_Watch

🇬🇧 Metro Bank shares plunge 25% as it tries to urgently raise £600m capital.

@Fin_Watch | link

🚨🚨🚨 The SEC has sued #ElonMusk in federal court in San Francisco to force try and force him to testify in the agency’s probe into his purchase of #Twitter in 2022, per the Bloomberg.

@Fin_Watch

📣 Elon Musk has said that the SEC needs a "comprehensive overhaul."

@Fin_Watch

📊 World Indices :

SPX - 4,231.52 (-0.63%)

🚀 Cryptocurrencies :

Bitcoin USD - 27,484.03 (-1.86%)
Ethereum USD - 1,627.60 (-0.93%)

🌟 Commodities :

Crude - 81.93 (-0.46%)
Gold - 1,830.20 (-0.09%)
Silver - 21.180 (0.77%)

@Fin_Watch

JUST IN: 🇺🇸 The S&P 500 just made a near 100 point reversal in 2 hours, adding +$660 billion in market cap.

After jobs report numbers nearly doubled expectations, we saw a sharp move lower this morning.

@Fin_Watch

🚀 AMAZON SET TO LAUNCH ITS FIRST PROJECT KUIPER SATELLITE INTERNET PROTOTYPES

@Fin_Watch

🇨🇳 China has reduced its holdings of U.S. Treasury bonds to $822 billion, the lowest since 2009.

From 2021 Beijing has sold $300 billion worth of treasury bonds, and the pace of sales has accelerated in recent months.

@Fin_Watch

📊 Big banks implementing layoffs in restructuring push

Big banks Citigroup (#C), Goldman Sachs (#GS), and Wells Fargo (#WFC) CEOs are feeling the pressure.

Yahoo Finance's David Hollerith reports on Citigroup CEO Jane Fraser's plans to implement layoffs and the challenges putting a squeeze on the banking sector.

@Fin_Watch | link

📊 World Indices :

SPX - 4,308.50 (1.18%)

🚀 Cryptocurrencies :

Bitcoin USD - 27,950.32 (1.7%)
Ethereum USD - 1,642.75 (0.93%)

🌟 Commodities :

Silver - 21.765 (3.55%)
Gold - 1,847.00 (0.83%)
Crude - 82.81 (0.61%)

@Fin_Watch

🚨 Hacker Puts 23andMe User Data Up for Sale on the Internet

@Fin_Watch | link

🇺🇸 The U.S. has issued $1.8 trillion in Treasuries so far this year which is already the 2nd highest yearly amount in history behind only 2020

@Fin_Watch