The market is waiting for the US CPI data. US stocks fell from a new high. The S&P and Nasdaq stopped their five-day winning streak. Trump trading was suspended. Small-cap stocks fell 1.8%. Trump Media fell nearly 9%. Bitcoin once turned down after testing $90,000, but hit a new high in the late trading.
European stocks generally fell by about 2%. The yields of 2- to 30-year US bonds rose by more than 10 basis points across the board. The US dollar was the highest in more than four months, and gold was the lowest in nearly two months. The yen was forced to fall to 155, the euro was at a one-year low, and the offshore RMB fell by half and once rose to 7.24 yuan.
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