Circle Shares Top $90 as U.S. Jobless Claims Put Rates in Focus
Photo: TokenPost
Circle Internet Group shares moved above $90 on Wednesday as investors awaited Thursday’s U.S. jobless-claims report, putting the issuer’s interest-rate exposure in focus ahead of the Federal Reserve’s next policy decision. CRCL traded at $92.04 at 2:07 p.m. ET (18:07 UTC) Oct. 21, compared with Tuesday’s close of $85.87. The stock had crossed $90 before the labor report was released. The weekly claims report is scheduled for 8:30 a.m. ET (12:30 UTC) Thursday, Oct. 22. In the previous report, seasonally adjusted initial claims totaled 199,000 for the week ended Oct.
Source: TokenPost
