Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts faded. Bitcoin, the world’s largest cryptocurrency, fell 5.5% to a seven-month low of $81,668. Ether slid more than 6% to
US stocks fell sharply Friday as renewed selling in technology names weighed on broader markets, extending a volatile week marked by concerns over artificial intelligence spending, shifting interest rate expectations, and uncertainty around delayed government data. The Nasdaq Composite dropped 1.5%, while the S&P 500 fell 1.1%. The Dow Jones Industrial Average declined 479 points,
The Nasdaq 100 Index and its associated ETFs, like the Invesco QQQ (QQQ) and the JPMorgan NASDAQ Equity Premium Income ETF (JEPQ), have come under pressure in the past few days as investors remain concerned about the artificial intelligence (AI) industry and technology valuations. This article looks at the top catalysts for these assets this
Stocks declined Monday as investors positioned themselves ahead of a series of major catalysts, including Nvidia’s earnings and the September jobs report. The Dow Jones Industrial Average slipped 126 points, or 0.3%. The S&P 500 fell 0.4%, and the Nasdaq Composite lost 0.5%. Alphabet gained 4% after Berkshire Hathaway disclosed a new stake in the
US equities fell sharply on Tuesday as investors retreated from major technology names, and sentiment across risk assets deteriorated further. The Dow Jones Industrial Average declined 466 points, or 1%, while the S&P 500 shed 1%, putting it on course for a fourth straight day of losses — its longest downturn since August. The Nasdaq
US stocks were little changed on Wednesday as traders looked to Nvidia’s upcoming earnings report to ease concerns about stretched valuations in the artificial intelligence sector. The move followed a four-day slide led by technology shares, which have come under renewed scrutiny as fears of an overheating AI trade intensified. The S&P 500 rose 0.1%,
US stocks surged on Thursday after Nvidia delivered a standout quarterly performance and issued a robust forecast that restored confidence in the artificial intelligence trade underpinning the current bull market. The Dow Jones Industrial Average rallied 621 points, or 1.3%, while the S&P 500 climbed 1.6%. The Nasdaq Composite outperformed with a 2.2% gain. Nvidia
US equities advanced on Friday after New York Federal Reserve President John Williams suggested the central bank may have room to cut interest rates again in December. The comments helped the stocks set onto a path to break a two-day slide driven by weakness in artificial intelligence stocks and renewed rate-policy uncertainty. The Dow Jones
USs stocks rose on Monday, with Alphabet driving a broader rebound as the market attempted to stabilise after a sharp November decline driven by fading enthusiasm for artificial intelligence stocks. Major indices gained ground heading into the Thanksgiving holiday week, though volatility remains a concern given thinning trading volumes and persistent questions around elevated valuations.
The Nasdaq Composite fell on Tuesday, giving back some of the prior session’s gains after a strong rally in artificial intelligence-linked names. The tech-heavy index lost 0.4%, while the S&P 500 hovered around the flatline. The Dow Jones Industrial Average outperformed, rising 205 points, or 0.5%. Sentiment was shaken by a report suggesting Meta Platforms may shift billions of