Thursday, 4 August 2022

S&P 500, Nasdaq 100 Mixed as Stocks Pause After Recent Rally, Coinbase Skyrockets

U.S. stocks paused for breath Thursday after the recent rally as traders opted for some caution ahead of the July U.S. jobs report, which could provide clues about the health of the economy.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...