Live markets: Bitcoin shrugs off early decline, but two-month winning streak is in jeopardy
A hopeful posting on Iran from President Trump helped erase morning losses.
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A hopeful posting on Iran from President Trump helped erase morning losses.
Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.
Stocks, gold and crypto slid on Friday while crude oil topped $100 and traders repriced Fed expectations for rate hikes.
Inflation rose to a three-year high in April, according to this morning’s Consumer Price Index report.