- Johnson & Johnson & Bank of America the latest companies to report earnings for Q3
- SOL gains 2.79% as the top gainer; currently at $28.81
- European markets ended a mixed session Friday whilst CAC slips to 6,035.39 (down 0.85%).
Friday's trading session saw to it that crypto markets are up — Dow Jones closed the day at 31,083, having gained 2.47%. S&P 500 ended the session at 3,752.75 after a 2.37% gain.
US markets are set to open tomorrow in around 16 hours. In the meantime, a mixed session has ended in the European markets Friday. Asia-Pacific markets were down Friday as ASX 200 is down by 0.8%, stumbles to 6,676.8
With Q3 earnings season getting underway, around 82.35% of US companies have beaten market estimates so far. This past week, Johnson & Johnson & Bank of America published their earnings reports while Microsoft & Alphabet are scheduled to release their results in the coming days.
Today's rise takes place amid mixed market indicators — United States CFTC Gold speculative net positions released Friday with a figure of 77,000, while the previous figure was 94,400. United States CFTC Nasdaq 100 speculative net positions released Friday with a figure of 1,500, while the previous figure was 8,500. United States CFTC Crude Oil speculative net positions came out at 251,500.
Furthermore, the market is looking at United States Consumer Confidence projected to decline to 106.5 while previous data was 108; data will be released Tuesday.
While most stocks did well Friday, some did better than others as SOL trades at $28.81 having gained 2.79%. Litecoin (up 1.42%) and Bitcoin (up 1.35%) also performed well Friday.
Bitcoin cryptocurrency trades up $238.38, approximately 1.24% higher going into tomorrow
Todays session shows some improvement: Bitcoin posts light gains on a low-volatility day, ranging between $19,125 – $19,500 and is now at $19,456. Bitcoin has a market cap of 373.32 billion with an average daily volume of 5 billion.
SOL cryptocurrency trades up $0.781, approximately 2.79% higher going into tomorrow
Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. Solana spiked to $28.89 before dropping back to its pre-spike levels and is now heading towards the close around $28.81. SOL is currently trading with a market cap of 10.33 billion with an average daily volume of 69.91 million.