Refinitiv– Futures have taken a tumble as the market continues to grapple with tariff anxieties, with Tesla shares also experiencing a downturn. The situation has been exacerbated by a fall in the price of bitcoin, which has had a knock-on effect on crypto stocks.
Key Takeaways:
- Shares of Chinese companies listed in the US have experienced a drop following disappointing economic data.
- The decline in bitcoin prices has led to a subsequent fall in crypto stocks.
- Despite the overall downturn, Airbnb’s stock has risen, buoyed by a positive brokerage rating.
- Futures have been hit hard: Dow by 0.91%, S&P 500 by 1.06%, and Nasdaq by 1.21%.
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