US stock markets opened in the red today. The Dow Jones dropped 21.63 points, marking a 0.04% decline to settle at 49,170.36. The S&P 500 fell harder with a 27.18-point loss, translating to a 0.39% dip landing it at 6,936.56. Meanwhile, the tech-heavy Nasdaq took the biggest hit, down 151.30 points or 0.64%, closing the session at 23,558.58. The broader market weakness, particularly in tech stocks, reflects ongoing investor caution as macro headwinds persist. These movements underscore the interconnection between traditional equities and crypto sentiment—when Wall Street stumbles, digital asset traders often reassess their positions.
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US stock markets opened in the red today. The Dow Jones dropped 21.63 points, marking a 0.04% decline to settle at 49,170.36. The S&P 500 fell harder with a 27.18-point loss, translating to a 0.39% dip landing it at 6,936.56. Meanwhile, the tech-heavy Nasdaq took the biggest hit, down 151.30 points or 0.64%, closing the session at 23,558.58. The broader market weakness, particularly in tech stocks, reflects ongoing investor caution as macro headwinds persist. These movements underscore the interconnection between traditional equities and crypto sentiment—when Wall Street stumbles, digital asset traders often reassess their positions.