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CPI anxiety drags stocks and crypto lower in tandem
Bitcoin fell below $62K and the Nasdaq dropped 3% as investors pull back ahead of the May CPI report expected at 4.2%. Fear and Greed Index hits 10.
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cryptobriefing.com
NASDAQ sinks 4% as AI stocks tumble on rate-hike fears
The Nasdaq dropped nearly 4% as AI stocks including Nvidia, Broadcom, and Micron tumbled on rate-hike fears, dragging Bitcoin below $60,000.
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US stocks plunge as strong jobs data fuels rate hike fears, dragging Bitcoin below $62K
US stocks plunged as May's 172,000 job gains doubled expectations, sending the Nasdaq down 4%, Treasury yields to yearly highs, and Bitcoin below $62K.
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US stocks slump as fears over Big Tech shake Wall Street
US stocks fell sharply after a blowout May jobs report sparked fears of sustained high interest rates, wiping trillions from Big Tech and dragging crypto
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CPI anxiety drags stocks and crypto lower in tandem
Bitcoin fell below $62K and the Nasdaq dropped 3% as investors pull back ahead of the May CPI report expected at 4.2%. Fear and Greed Index hits 10.
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S&P 500 closes 0.3% lower as NASDAQ drops 1.1% in tech-led selloff
The S&P 500 fell 0.3% and NASDAQ dropped 1.1% as semiconductor stocks lost nearly $1 trillion in value. Bitcoin slid in tandem with equities.
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swissinfo.ch
Tech Retreat Deepens as Traders Eye CPI Spike: Markets Wrap
(Bloomberg) -- The retreat in technology stocks extended further as traders pared exposure ahead of data that is expected to show US inflation has hit the highest level in more…
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Tech Selloff Deepens as Traders Brace for Hot CPI: Markets Wrap
(Bloomberg) -- Technology stocks were set to pull US equities lower for a second session as traders pared exposure ahead of an inflation reading that is expected to hit the…
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Tech selloff deepens as traders brace for hot CPI report
Tech stocks slide for a second session as traders brace for a May CPI report forecasted at 4.2% YoY. Bitcoin drops 14% and Ethereum falls 15.8% amid
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Stocks Fall Ahead of CPI as US-Iran Truce Frays: Markets Wrap
(Bloomberg) -- Technology stocks were set to lead US equities lower for a second day as tensions in the Middle East escalated and traders braced for a hot inflation report.
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economictimes.indiatimes.com
US stocks slump after fresh sell-off in tech stocks; Nasdaq down over 1%
Wall Street's major indices declined as weakness in technology stocks and escalating US-Iran tensions overshadowed inflation data that met expectations. Investors reassessed…
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US tech stocks sink as volatility flares up on Wall Street, dragging crypto down with it
The Nasdaq dropped 4% as semiconductor stocks cratered and Bitcoin fell below $60K. Here's what the Wall Street sell-off means for crypto investors.
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coindesk.com
BTC updates: Soft core inflation gave crypto a bounce, but only bitcoin held up on the week
May CPI ran hot on energy and cooler underneath, lifting majors on Thursday, though ether and the large alts are still down 6% to 8% over seven days.