š Market Shake-Up! š
- Asian equities took a hit as the AI-driven bull market cools off. Japan & South Korea stocks dropped over 2%, with SK Hynix feeling the burn despite solid earnings.
- In the US, S&P 500 fell 2.3%, its worst since Dec 2022. Nasdaq 100 tumbled 3.7%, with big names like Alphabet (-5%) and Tesla (-12%) leading the decline.
- Yen steadied after a strong rally, reflecting a shift in carry trades. Meanwhile, Treasuries gained as Fed rate cut bets grow.
- Bitcoin & Ether also dipped, reflecting broader market jitters.
What are your thoughts on this market rollercoaster? š¬š #StockMarket #CryptoNewss #Economy #InvestingRevolution