When Wall Street sneezes, Asia catches a cold! 🤒
U.S. stocks have just retreated from record highs. Broad profit-taking sent markets into the red as Ray Dalio warned that the AI bubble is about to burst, alongside concerns over inflation and oil prices hovering around $100.
Closing index details:
🔻 Dow Jones: Fell 342.06 points (-0.66%) to 51,179.22.
📉 S&P 500: Dropped 17.20 points (-0.22%) to 7,801.73.
📊 Nasdaq Composite: Shed 61.20 points (-0.22%) to 27,538.69.
🚨 Russell 2000: Small caps took the hardest hit, plunging 1.27% to 2,794.40.
If the U.S. falls into a hole, #AsianStocks and #Kospi South Korea will struggle to carry the team—the gloom is spreading far and wide. What should traders do now? Sit still and cry? No! Manage your risk and move some funds into crypto to catch a brighter wave!
Sign up for Binance now with code VINHTOCDO or via this link: https://www.binance.com/register?ref=VINHTOCDO, and let’s weather the storm together. This is not financial advice.

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