NEW YORK, NY / ACCESSWIRE / June 12, 2018 / U.S. markets inched higher Monday as investors await details from the upcoming summit between President Donald Trump and North Korean leader Kim Jong Un in Singapore. The Dow Jones Industrial Average gained 0.02 percent to close at 25,322.31, while the S&P 500 Index rose 0.11 percent to close at 2,782.00. The Nasdaq Composite Index gained 0.19 percent to close at 7,659.93. The Dow Jones has risen for four consecutive sessions, its longest streak since it posted eight consecutive gains ending May 14th.

?Experience tells that geopolitics does not impact markets over the long term. But this week is going to be interesting just because so much is happening at a relatively quiet period,? said Maris Ogg, president at Tower Bridge Advisors.

?The North Korea summit will only matter if there is a very positive outcome, but that?s not what market participants are expecting,? Ogg added.

RDI Initiates Coverage on:

Bitcoin Investment Trust
https://rdinvesting.com/news/?ticker=GBTC

Square, Inc.
https://rdinvesting.com/news/?ticker=SQ

Bitcoin Investment's stock moved 7.87% lower Monday, to close the day at $11.70. The stock recorded a trading volume of 4,427,020 shares, which was above its three months average volume of 2,949,220 shares. In the last year, Bitcoin Investment's shares have traded in a range of 2.77 - 38.71. The share price has gained 322.38% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $13.86 is below its 200-day moving average of $16.56. Shares of Bitcoin Investment have fallen roughly 17.02 percent in the past month and are down 47.19 percent year-to-date.

Access RDI's Bitcoin Investment Trust Research Report at:
https://rdinvesting.com/news/?ticker=GBTC

On Monday, shares of Square recorded a trading volume of 6,047,975 shares, which was below the three months average volume of 11,981,326 shares. The stock ended the day 0.79% lower at $61.29. The share price has fallen 2.45% from its 52-week high with a 52-week trading range of 22.41 - 62.83. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $54.10 is above its 200-day moving average of $46.75. Shares of Square have gained roughly 11.99 percent in the past month and are up 76.78 percent year-to-date.

Access RDI's Square, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=SQ

Our Actionable Research on Bitcoin Investment Trust (OTCQX:GBTC) and Square, Inc. (NYSE:SQ) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com