4 GLOBAL MARKET UPDATES- 30 June, 2022
In this article, we have covered the highlights of global market news about the Grayscale, S&P 500, Euro under pressure, Rupee drops. and Gold Update.
Grayscale sues the SEC after its proposal to convert the biggest bitcoin fund into an ETF was denied.
The SEC turned down Grayscale’s request to convert its GBTC vehicle
into an ETF on Wednesday. With the United States Court of Appeals for
the District of Columbia Circuit, Grayscale filed a petition contesting
the ruling.
The first U.S. spot bitcoin ETF’s approval by the SEC has been the main focus of the cryptocurrency bulls.
Stock futures are down as S&P 500 headed for worst first half since 1970.
Early on Thursday morning, U.S. stock index futures were marginally
down as the S&P 500 was ready to close off its worst first half in
decades.
The Dow Jones Industrial Average futures contracts decreased
by 0.23 percent, or 71 points. Nasdaq 100 futures down by 0.33 percent,
while S&P 500 futures fell by 0.29 percent.
#globalmarkets #marketupdate #forex #gold #euro #Rupee #Dollar #usa #edgeforex
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