U.S. stock futures traded higher in early pre-market trade after the Dow Jones dipped 185 points in the previous session. However, Wall Street recorded gains for the month of April.At 7:52 a.m. ET, Dow E-minis were up 211 points, or 0.65%, S&P 500 E-minis were up 23.25 points, or 0.56% and Nasdaq 100 E-minis were up 45.75 points, or 0.33%.The 30-stock average dropped 185 points, or 0.5%, on Friday but still closed out April with a monthly gain of 2.7%. TheS&P 500andNasdaqfared worse than theDow
Not Just Tesla: Why Big Companies are Buying into Crypto-Mania
For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla , which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.Mastercard said on Wednesday that it will let m