Stocks, Crypto Fall; Fed Rate Cut Hopes Remain

US stocks experienced a pullback, with the S&P 500, Dow Jones, and Nasdaq all declining. This comes as Bitcoin and other cryptocurrencies also fell, potentially due to rising yields on longer-term Treasury bonds. The market had a mixed reaction to strong holiday shopping sales, with crypto-related stocks like Coinbase and Robinhood Markets dropping. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.