5 Things Before the Opening Bell (Wall Street). January, 18. | ASTRONACCI (Official)✔

5 Things Before the Opening Bell (Wall Street).

January, 18.

Warren Buffett missed out on $10 billion in gains by dumping Wells Fargo stock. Buffett's Berkshire Hathaway also left $5 billion on the table by exiting JPMorgan and Goldman Sachs back in 2020. But the billionaire's been critical of Wells Fargo's management

The recent bitcoin slump could be the start of a "crypto winter," according to UBS. The firm isn't alone in thinking prices could crash as the crypto bubble pops. Invesco said bitcoin could tumble below $30,000 this year.

U.S Stocks look set to dive at the opening bell. Dow futures plunged in European trade earlier, as rising bond yields and oil at seven-year highs fan fears of inflation.

The Bank of Japan raised its inflation forecasts but said it was in no rush to change its ultra-loose monetary policy, as rising prices fan speculation it may soon signal a shift in its decade-old stimulus experiment.

The yields rise again. U.S. bond trading picked up after the long weekend with renewed selling pushing the 2-year Treasury yield above 1% for the first time since 2020. The drivers of the move continue to be the consensus on four Federal Reserve rate hikes this year and worries about the persistence of high inflation.