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Why Dow is down today as S&P 500, Nasdaq surge towards record – gold and silver prices at historic highs as US stock market rebounds today
economictimes_indiatimes67d ago

Why Dow is down today as S&P 500, Nasdaq surge towards record – gold and silver prices at historic highs as US stock market rebounds today

Dow is down today as S&P 500, Nasdaq surge towards record. Gold and silver prices at historic highs as US stock market rebounds today. The S&P 500 made history today, breaching the 7,000-point milestone for the first time. Tech giants led the charge as ASMLs record €13.2 billion orders ignited an AI frenzy. While the Nasdaq surged 0.44% on semiconductor strength, the Dow Jones slipped 0.15% as healthcare stocks like UnitedHealth plummeted. Meanwhile, Gold hit a record $5,289 and Silver soared to $115, fueled by a weakening dollar and geopolitical hedging.

#COMMODITIES
Traders Hub Unveils 2026 Agenda: Diversification & Offline Engagement to Elevate UAE’s Trading Landscape
uaenews24767d ago

Traders Hub Unveils 2026 Agenda: Diversification & Offline Engagement to Elevate UAE’s Trading Landscape

Abu Dhabi, United Arab Emirates (28th January 2026) – Traders Hub, the AbuDhabiheadquartered and SCAregulated trading platform, today unveiled its agenda for 2026. Building on the success of its 2025 campaigns and continued technology upgrades, the firm will diversify its product universe and broaden its outofhome presence across Abu Dhabi, Dubai and Al Ain, aiming to deepen financial literacy ... Continue reading Traders Hub Unveils 2026 Agenda: Diversification & Offline Engagement to Elevate UAE’s Trading Landscape →

#FOREX#CRYPTO
Looking For The Next Crypto To Explode? Pepeto, Digitap, and BlockchainFX : One Could Be the Next 100x Project
openpr67d ago

Looking For The Next Crypto To Explode? Pepeto, Digitap, and BlockchainFX : One Could Be the Next 100x Project

Cryptocurrency investors perpetually seek next 100x opportunity before mainstream recognition develops. Three presale projects currently position for potential explosive growth: Pepeto (https://pepeto.io/) builds meme-utility infrastructure, Digitap creates omni-bank platform, BlockchainFX develops multi-asset trading application. Each targets different market segments with

#FOREX
Rahming confirms GB Power Company is ‘acquisition’
tribune24267d ago

Rahming confirms GB Power Company is ‘acquisition’

Misgivings were last night voiced about the Government’s planned purchase of Grand Bahama Power Company after it was confirmed that the Prime Minister was referring to an “acquisition” as opposed to just taking regulatory “control” over the energy monopoly.

#ECONOMY
CBN Reduces Interest Rate to 27% to Stimulate Growth and Ease Borrowing Costs
theinfostride67d ago

CBN Reduces Interest Rate to 27% to Stimulate Growth and Ease Borrowing Costs

The Central Bank of Nigeria (CBN) has announced a reduction in its benchmark interest rate, lowering the Monetary Policy Rate (MPR) to 27 percent. The move marks the first downward adjustment in months and signals the apex bank’s bid to ease credit conditions, stimulate investment, and consolidate gains from falling inflation. The decision was reached [...]Source from InfoStride News

#ECONOMY
Electricity Workers Call Off Strike, Restore Power Supply Across Nigeria
theinfostride67d ago

Electricity Workers Call Off Strike, Restore Power Supply Across Nigeria

The nationwide blackout that gripped Nigeria over the past 48 hours has begun to ease after the National Union of Electricity Employees (NUEE) announced the suspension of its strike on Wednesday night. The strike, which had thrown homes, businesses, and industries into darkness, was called off following a marathon meeting between electricity sector unions and [...]Source from InfoStride News

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Confluent Medical Debuts Filmcast SelectTM to Enable Tailored Performance in PTFE and Polyimide Tubing
manilatimes67d ago

Confluent Medical Debuts Filmcast SelectTM to Enable Tailored Performance in PTFE and Polyimide Tubing

New Filmcast SelectTM Program Allows OEMs To Tailor Flexibility, Strength, And Durability In PTFE And Polyimide Tubing To Meet The Demands Of Next-Generation Minimally Invasive DevicesConfluent Medical Debuts Filmcast SelectTM to Enable Tailored Performance in PTFE and Polyimide TubingNew Filmcast SelectTM Program Allows OEMs To Tailor Flexibility, Strength, And Durability In PTFE And Polyimide Tubing To Meet The Demands Of Next-Generation Minimally Invasive Devices.CHATTANOOGA, Tenn., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Confluent Medical Technologies has launched Filmcast SelectTM, a new materials customization program for polymer tubing that enables customers to intentionally select key performance attributes of Filmcast PTFE and polyimide tubing.The standard Filmcast polymer tubing process offers little to no customization for device manufacturing and as procedures become less invasive and devices become smaller and more complex, the one size fits all approach is no longer sufficient. Filmcast SelectTM addresses this shift by enabling OEMs to select Filmcast PTFE and polyimide tubing based on the characteristics that matter most for their application - including flexibility, strength, durability, surface finish, regulatory compliance and optical clarity."Designing next-generation medical devices requires precision at every level, including material selection,” said Shane Wood, Director of Technology, Polymers at Confluent Medical. "Filmcast SelectTM gives our customers the ability to match material performance to device intent, rather than adapting their designs to standard materials.”Filmcast SelectTM offers multiple polyimide tubing options, including standard polyimide, REACH-compliant glossy and matte polyimide, and Ultra Polyimide. These materials offer benefits ranging from high transparency and reduced friction to stronger bonding and nearly double the tensile strength of standard polyimide for thin-wall designs.The program also features a range of Filmcast PTFE options, including FlexaCastTM for increased flexibility and elongation, DuraCastTM for enhanced abrasion resistance, and UltraCastTM for higher tensile strength in demanding applications.Confluent Medical can also work with customer-preferred PTFE dispersions, allowing OEMs to leverage existing biocompatibility data and reduce development time for new or next-generation devices.About ConfluentConfluent Applies Materials Science to MedTech Innovation. Confluent specializes in the expert design, development, and large-scale manufacturing of interventional catheter-based devices and implants. Customers rely on Confluent’s expertise in Nitinol material and components, balloon and complex catheters, high-precision polymer tubing, and implantable textiles. With facilities in Fremont and Orange County, California; Warwick, Rhode Island; Windham, Maine; Austin, Texas; Chattanooga, Tennessee; San Jose, Costa Rica; and Hyderabad, India, Confluent has earned the confidence of the leaders in the medical device community through a proven track record of innovative materials science, engineering, and manufacturing. For more information, visit confluentmedical.com.Media:Brittany Mai- brittany.mai@confluentmedical.comA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/055c49d4-5d78-4532-b087-43c5da675832

#TECH
Zenith Bank Reports ₦2.5tn Gross Earnings in First Half of 2025, Signals Strong Growth Momentum
theinfostride67d ago

Zenith Bank Reports ₦2.5tn Gross Earnings in First Half of 2025, Signals Strong Growth Momentum

Zenith Bank Plc has announced its financial results for the first half (H1) of 2025, recording a remarkable surge in gross earnings to ₦2.5 trillion. The performance reaffirms the bank’s position as one of Nigeria’s most resilient and profitable financial institutions, despite a challenging macroeconomic environment and tightening global financial conditions. The new figures represent [...]Source from InfoStride News

#ECONOMY
MAN Warns FG’s Tax Stamp Plan Could Worsen Burden on Consumers
theinfostride67d ago

MAN Warns FG’s Tax Stamp Plan Could Worsen Burden on Consumers

The Manufacturers Association of Nigeria (MAN) has raised fresh concerns over the Federal Government’s proposed tax stamp policy, warning that the move could increase production costs, hurt local manufacturers, and ultimately shift the financial burden onto consumers. The association stressed that at a time when Nigerians are grappling with inflation, high energy costs, and dwindling [...]Source from InfoStride News

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What’s Going On With The US Dollar And How Does It Affect Bitcoin, Ethereum Prices?
newsbtc67d ago

What’s Going On With The US Dollar And How Does It Affect Bitcoin, Ethereum Prices?

The Bitcoin and Ethereum prices rallied after reports of the US dollar crashing spread across the market. Recent data show that the US dollar has fallen to its lowest level in four years, raising concerns about the strength of the world’s dominant reserve currency. As the dollar weakens, market players are beginning to shift attention to alternative assets such as precious metals and digital currencies, including BTC, which is increasingly viewed as a potential hedge against rising inflation and currency depreciation. US Dollar Falls To Lows Not Seen In 4 Years New reports from Bloomberg highlight the relentless slide in the US dollar index (DXY) over recent weeks, with the price tumbling further after President Donald Trump’s comments on the currency’s performance. Sources reveal that Trump said the dollar is “doing great,” despite its ongoing downturn. Related Reading: Analyst Says Chainlink Price Could Crash 50% If This Level Fails Traders interpreted the President’s seemingly indifferent response to the declining dollar as a signal that the slide could continue, triggering further selling pressure. Data from the web-based stock market research platform Finviz shows that, as of writing, the US dollar index has crashed to 95.92 from a previous level near 100. This marks its weakest level in nearly four years, specifically since 2022. Additionally, Bloomberg reported that its Dollar Spot Index also recorded its lowest four-day decline since Trump announced new tariffs in April 2025. Traders in the $9.5 trillion per-day currency markets are also increasingly betting that the dollar could decline further, as US policy risks weigh on the world’s primary reserve currency. Amidst the decline in the US dollar index, cryptocurrencies like Bitcoin and Ethereum are posting gains. BTC’s price rose above $89,000, while Ethereum has climbed more than 3% to reach above $3,000, in the past 24 hours. This simultaneous rally in cryptocurrencies alongside the weakening US dollar suggests that investors may be shifting capital to risk-on assets. Market analyst ‘Master of Crypto’ recently outlined several reasons behind the continued decline in the weakening US dollar in a post on X. He explained that large budget deficits, the FED’s challenge of balancing inflation control with job market stability, steady bond supply, and FX hedging activities are keeping the US dollar near recent lows. According to him, in this type of market environment, holding idle cash becomes a significant risk for investors. Related Reading: Here’s How Much XRP Ripple Execs Have Dumped So Far Possible Implications For The Bitcoin And Ethereum Price Historically, periods of US dollar weakness have often coincided with rallies in Bitcoin, and other cryptocurrencies. When the dollar declines, investors sometimes seek alternative assets to preserve value. This can increase demand for Bitcoin and Ethereum, which are viewed by many as alternative stores of value and risk-on assets. While this correlation is not a clear indication of a potential cryptocurrency rally, analysts like ‘Milk Road Macro’ suggest that the declining dollar could help support a broader crypto market recovery. He said that as the dollar weakens, capital will flow into precious metals like gold and silver. Soon after, this same capital is expected to rotate into BTC, potentially fueling a price rebound. Featured image created with Dall.E, chart from Tradingview.com

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AI will only replace journalists who refuse to learn – NUJ Chairman
thenationonlineng67d ago

AI will only replace journalists who refuse to learn – NUJ Chairman

Comrade Akeem Abas, Chairman, Nigeria Union of Journalists (NUJ), Oyo State Council, says Artificial Intelligence (AI) can only replace journalists without updated digital skills. Abas said this in Ibadan onThe post AI will only replace journalists who refuse to learn – NUJ Chairman appeared first on The Nation Newspaper.

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