Dow Jones Under Pressure - Nasdaq Turns Positive on Friday Evening - Bitcoin Loses Heavily - Rate cut Fantasies are Fading out - DAX Falls - Viasat Reports Successful Launch of a High-Performance Satellite - AI Boom Boosts Sales for Applied Materials - MP Materials Upgraded
Reading Time: 9 minutes
S&P 500 – The US benchmark index recovers losses after selling pressure: Fed interest rate fears weigh on markets – AI stocks and Bitcoin crash, volatility rises A renewed wave of selling is sweeping through the riskier areas of Wall Street, dragging stocks and cryptocurrencies down as skepticism grows that the Federal Reserve can lower rates in December. Relief over the end of the longest government shutdown in U.S. history quickly gives way to volatility after several Fed officials dampen expectations for further monetary easing....
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