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S&P 500 — US Large Cap Index
NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
BitcoinCrypto

Bitcoin Extends Decline

Bitcoin fell toward $90,000 on Wednesday, hitting seven-month lows as investors continued to unload risk assets amid ongoing concerns about lofty tech valuations and growing uncertainty surrounding the Federal Reserve’s rate-cutting path. Wall Street dropped for a fourth straight session on Tuesday, with technology stocks leading losses as analysts flagged bubble concerns. Meanwhile, markets are now pricing in about a 47% chance of a 25 basis point Fed rate cut in December, down from over 90% a month ago. Several Fed officials cautioned against additional easing amid inflationary pressures, tempering earlier expectations that the end of quantitative tightening would boost liquidity and support speculative assets. Bitcoin is now down nearly 30% from the record above $126,000 reached in October and is on track for its first annual decline since 2022.

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