US Stocks, Fed, Crypto Markets: Weekly Market Update

US stocks closed lower on Monday due to rising Treasury yields and manufacturing struggles, with tariffs still impacting production. Investors anticipate a Fed interest rate cut next week. Despite a steady market trend, crypto stocks like Coinbase and Bitfarms fell as Bitcoin dipped below eighty-five thousand dollars, causing a trillion-dollar loss in the crypto market. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.