This caused its stock price to plunge more than 7%, pressuring large technology stocks and the consumer sector, triggering a sell-off in the market. Added to this are rising inflation expectations and macro pressures from the potential government shutdown, turning market sentiment negative.
The S&P 500 ended a seven-day rally, the Nasdaq fell 0.67%, and the Dow Jones weakened 0.20%. Selling pressure intensified, the semiconductor index dropped more than 2%, while Tesla fell more than 4%. Overall, trading activity was relatively quiet and transaction volume decreased by 15%.$BTC
The S&P 500 ended a seven-day rally, the Nasdaq fell 0.67%, and the Dow Jones weakened 0.20%. Selling pressure intensified, the semiconductor index dropped more than 2%, while Tesla fell more than 4%. Overall, trading activity was relatively quiet and transaction volume decreased by 15%.$BTC