[{"category":{"name":"Trending News","exported_url":"trending-news"},"id":"c798568d-66ac-494f-b9f0-7887564925a5","updated_at":"2023-09-11T03:48:41.094262+00:00","account":{"firstName":"Marigold","lastName":"Vance"},"description":"The stock market indices experienced increase on Monday, despite with small amount. Crypto prices remained in the red due to ongoing ETF delays and Fed interest rate uncertainty. Top crypto gainers: XDC Network, Cronos, Render, Aave, IOTA","sapo":"The stock market indices experienced increase on Monday, despite with small amount. Crypto prices remained in the red due to ongoing ETF delays and Fed interest rate uncertainty. Top crypto gainers: XDC Network, Cronos, Render, Aave, IOTA","title":"Top Financial News Today Friday September 8, 2023","content":"

Top 5 Stocks News

Today, Dow Jones rose 0.2%, S&P 500 and Nasdaq gained 0.1%. But for the week, Dow lost 0.53%, S&P 500 fell 1.26%, and Nasdaq dropped 2.11%.
Apple (AAPL) rebounded with a 0.4% gain, regaining a portion of the $190 billion market capitalization lost in the past two days due to China's ban on government officials using iPhones at work.

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Natural gas futures rose 1.5% due to a partial strike at major Australian LNG facilities, while Japan's Nikkei fell over 1% alongside sinking global equities.
On Wednesday evening, Texas experienced a staggering 20,000% surge in power prices due to a relentless heat wave, prompting the state's grid operator to issue an emergency alert.
A Wall Street analyst issued a note in support of Nvidia, countering a Twitter conspiracy theory circulating about the company.

Top 5 Crypto News

Cryptocurrency prices continue to be in the red on September 8. Bitcoin’s price dropped 1.28% today to nearly $25,908 due to an ongoing spot Bitcoin ETF delay and the uncertainty regarding the Fed's interest rate decision this month.
Ripple has acquired Fortress Trust, a Nevada-based chartered trust company, for an undisclosed amount to bolster its status as a money transmitter.

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Fed Vice Chair Michael Barr gives update on CBDC research about the system architecture for recording transactions and ownership in ledgers and tokenization models, as well as emphasizes the novel activities supervision program to supervise stablecoin.
CFTC announced that MTI has been ordered to pay $1.7 billion in restitution to victims for operating a fraudulent scheme involving digital assets and forex.
Blockchain-based file-sharing and payment network LBRY filed a notice of appeal to appeal against the final judgment that ordered LBRY to pay a civil penalty.

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Top cryptos gainers of the day:

1. XDC Network (XDC)

XDC Netwrk increased +5.81% in its price to $0.057 in the last 24 hours thanks to the community-based luncheon held at Marina Bay Islands, Singapore.

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2. Cronos (CRO)

The price of Cronos CRO had seen a sizable +4.00% surge over the past 24 hours, rising from $0.05247 to $0.05447. This comes after a period of declining prices for CRO over the past month and six months.

3. Render (RNDR)

RNDR’s price gained +2.75% to $1.45 today likely come from its rising utility among artists, as it can now support short film productions.

4. Aave (AAVE)

AAVE’s price rose +1.74% within just 24 hours. On September 6, Aave celebrated nine grant winners building in the Aave ecosystem. Aave often gives developers grants, one of the factors driving economic growth and boosting the AAVE token’s price.

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5. IOTA (MIOTA)

Price of IOTA bounced +1.53% to $0.1766 on Friday trading after double bottom pattern on June 10 and Aug. 17. The double bottom is considered a bullish pattern, meaning that it leads to breakouts most of the time.

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Top Financial News Today Friday September 8, 2023

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