NASDAQ posts biggest point drop on record as S&P 500 sheds $1.8T in brutal selloff

Despite job growth, rising long-term unemployment and sector-specific gains highlight economic disparities and challenge Fed's rate decisions. The post US labor market adds 172,000 jobs in May, but job seekers face longer unemployment appeared first on Crypto Briefing.

The market's sharp decline highlights the vulnerability of equities and crypto to interest rate shifts, challenging diversification strategies. The post S&P 500 sheds $1.8T as Nasdaq records its biggest single-day point drop ever appeared first on Crypto Briefing.

Michael Saylor renewed attention on Strategy’s bitcoin plans after the company’s rare 32 BTC sale sparked debate among investors. His latest post shifted focus back to Strategy’s 843,706 BTC reserve and the possibility of future acquisitions. Saylor’s Post Refocuses Traders After Strategy’s Rare Bitcoin Sale Michael Saylor, executive chairman of Strategy (Nasdaq: MSTR), has renewed […]

Inclusion in the S&P 500 boosts Marvell and Flex's market visibility and investor demand, potentially inflating stock prices beyond fundamentals. The post Marvell Technology and Flex set to join S&P 500 in quarterly rebalance appeared first on Crypto Briefing.

The delay in SpaceX's S&P 500 inclusion highlights challenges for mega-cap IPOs, affecting investor strategies and market dynamics significantly. The post SpaceX faces lengthy wait for S&P 500 inclusion after rules change rejection appeared first on Crypto Briefing.

Rising Treasury yields signal potential challenges for equities and crypto, as strong job data dampens hopes for Fed rate cuts. The post S&P 500 falls 3%, ending nine-week gain streak after strong jobs data appeared first on Crypto Briefing.

The unexpected job surge challenges market assumptions, potentially altering monetary policy expectations and impacting tech and crypto sectors. The post S&P 500 closes down 2.6%, NASDAQ 100 sinks 4.8% as hot jobs report spooks markets appeared first on Crypto Briefing.

Citi's contrarian rate cut forecast could signal a shift in monetary policy, impacting speculative asset markets if labor trends soften. The post Citigroup economists maintain forecast for Fed rate cuts amid strong US jobs data appeared first on Crypto Briefing.