๐ THE NASDAQ 100 FALLS 1.3% DUE TO INFLATION FEARS AND GEOPOLITICAL TENSIONS ๐๐บ๐ธ
Stocks markets in New York register widespread declines amid a combination of pressure in commodities and a rebound in credit yields ๐
Key points of the trading day:
๐ด Index pullback: The Nasdaq 100 fell 1.3% and the S&P 500 dropped 0.9% in the middle of the session.
๐ข๏ธ Pressure factors: Reduced hopes for de-escalation in the Middle East boosted oil prices and inflation expectations.
๐ โThree-headed monsterโ: Analysts highlight the simultaneous impact of rate hikes, rising oil prices, and a strong dollar on tech valuations.
Do you think traditional market volatility and inflationary pressures will end up diverting capital toward Bitcoin as a safe-haven asset?
๐ฌ๐ Iโm reading your comments!
#CryptoNews #BinanceSquare #WallStreet #Macroeconomy #CryptoCommunity
$CL
$BZ
$BTC
Stocks markets in New York register widespread declines amid a combination of pressure in commodities and a rebound in credit yields ๐
Key points of the trading day:
๐ด Index pullback: The Nasdaq 100 fell 1.3% and the S&P 500 dropped 0.9% in the middle of the session.
๐ข๏ธ Pressure factors: Reduced hopes for de-escalation in the Middle East boosted oil prices and inflation expectations.
๐ โThree-headed monsterโ: Analysts highlight the simultaneous impact of rate hikes, rising oil prices, and a strong dollar on tech valuations.
Do you think traditional market volatility and inflationary pressures will end up diverting capital toward Bitcoin as a safe-haven asset?
๐ฌ๐ Iโm reading your comments!
#CryptoNews #BinanceSquare #WallStreet #Macroeconomy #CryptoCommunity
$CL
$BZ
$BTC
