Investing.com investing.com 11 Jan, 2021 16:00 am

Impeachment 2.0, Dollar Bounce, Social Media Bans

Impeachment 2.0, Dollar Bounce, Social Media Bans
Impeachment 2.0, Dollar Bounce, Social Media Bans - What's up in Markets

Social media cracks down on right-wing extremism; the dollar bounces as Bitcoin corrects sharply downward, and Twitter and Amazon draw the ire of conservatives after pulling the plug on President Trump and social media site Parler.Stocks likely to be in focus later include Twitter (NYSE: TWTR ), which permanently blocked Trump’s account over the weekend, and Amazon (NASDAQ: AMZN ), which said it will stop hosting right-wing social media platform Parler.crude futures were down 0.84 a barrel, while Brent crude futures were down 1.

Crude continues to attract speculative buying from financial players: CFTC data showed net longs in crude futures near their highest in five months on Friday.Here’s what you need to know in financial markets on Monday, January 11th.

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