NEW YORK / LONDON (IT BOLTWISE) – After the end of the US shutdown, uncertainty is returning to the financial markets. Investors are concerned about government stability and the delay in key economic data. Technology stocks and cryptocurrencies in particular are under pressure, leading to a significant decline in the most important indices.
Today’s daily deals at Amazon! ˗ˋˏ$ˎˊ˗
The latest developments on Wall Street show that the end of the US shutdown did not bring the hoped-for relief for the financial markets. Instead, concerns about the stability of the government and the delay in the publication of important economic data dominate. These uncertainties led to a significant decline in stock prices, particularly in the technology sector.
The Dow Jones, S&P 500 and Nasdaq all posted significant losses. The tech-heavy Nasdaq fell 2.3 percent to 22,870 points, marking its worst day in over a month. This development reflects investors’ growing concern that the economic impact of the shutdown has not yet been fully overcome.
Another factor weighing on markets was weak demand at an auction of 30-year US Treasury bonds. Yields on these bonds rose to 4.7 percent, suggesting investors are demanding higher risk premiums. Yields on ten-year US government bonds, which serve as a benchmark for many other markets, also rose to 4.12 percent.
Uncertainty about future economic developments and the stability of the US government is also impacting the cryptocurrency market. Bitcoin fell to its lowest level since May, highlighting the volatility in the sector. Analysts warn that markets remain vulnerable to volatility as long as uncertainties remain.
Overall, it appears that the financial markets are in a phase of increased uncertainty, which is influenced by political and economic factors. Investors are urged to act cautiously and monitor developments closely in order to be able to react quickly to possible changes.
Order an Amazon credit card without an annual fee with a credit limit of 2,000 euros!
Bestseller No. 1 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 2 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 3 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 4 ᵃ⤻ᶻ “KI Gadgets”
Bestseller No. 5 ᵃ⤻ᶻ “KI Gadgets”
Please send any additions and information to the editorial team by email to de-info[at]it-boltwise.de. Since we cannot rule out AI hallucinations, which rarely occur with AI-generated news and content, we ask you to contact us via email and inform us in the event of false statements or misinformation. Please don’t forget to include the article headline in the email: “Tech stocks and cryptocurrencies under pressure: market reactions after US shutdown”.