US stocks closed lower on Monday (1/4), as investors prepare for an important week, including the upcoming US presidential election and the Federal Reserve's policy statement announcement. A closely watched and historically accurate poll showed a stunning reversal in Iowa. Bit coin briefly fell below $67K, and Ether fell to around $2,350.
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ToggleAccurate poll shows: Harris leading Trump in Iowa
As the 2024 US presidential election approaches, a closely watched and historically accurate poll showed a stunning reversal in Iowa. According to Fortune, the latest Des Moines Register/Mediacom Iowa poll conducted by Selzer & Co. shows Harris leading Trump 47% to 44% in Iowa.
Since 2012, the Democratic Party has not won Iowa. The potential flip, which boosts Democratic morale, may serve as a bellwether for the neighboring state of Wisconsin, according to experts.
US stocks close lower, Nvidia to replace Intel in Dow Jones
US stocks closed lower on Monday (1/4), as investors prepare for an important week, including the upcoming US presidential election and the Federal Reserve's policy statement announcement. Due to the ongoing tug-of-war between the two parties, the election result may be delayed until after the Fed meeting, adding more uncertainty to the market.
Chip giant Nvidia (Nvidia) rose 2.13%. Nvidia is set to replace Intel (Intel) as a Dow Jones component stock on 11/8. Intel's stock price fell 2.28%, dragging down the Dow Jones index.
Bit coin falls below $67K, Ether drops to $2,350
The Trump trade pullback, Bit coin briefly surged to $73,620 in late October, just one step away from the all-time high, but yesterday, due to the uncertainty of the poll results and the election, it fell to $66,835 at one point.
(Bit coin surges to $73,620, just one step away from the all-time high)
Ether also fell to around $2,350. The recent weak performance of Ether has also undermined the confidence of the community.
(Ethereum developer talks about development dilemma, reveals Ethereum has gone off track)
