Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P
June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d
Musk says Tesla will accept bitcoin again as crypto miners use more clean energy
Tesla CEO Elon Musk on Sunday said the company will resume bitcoin transactions once it confirms there is reasonable clean energy usage by miners.“When there’s confirmation of reasonable clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” Musk wrote in a tweet.The electric-car maker halted car purchases with bitcoin in mid-May due to concerns over how mining contributes to climate change.Musk was reacting to comments from Magda Wierzycka, C