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wall street today: US stocks drop as Powell doubles down on inflation fight - Vimarsana News

wall street today: US stocks drop as Powell doubles down on inflation fight

The real estate sector was the biggest decliner, with a drop of 0.8%. Investors still expect only one rate hike of 25 basis points in July by the US central bank for the rest of the year. Crypto firms including Coinbase, Marathon Digital and Bit Digital, rose 2.6% to 9% as bitcoin prices increased. Shares of Chinese electric vehicle leaders Li Auto, Nio and Xpeng rose after China announced $72.3bn worth of tax breaks for green vehicles.

Wall St drops as Powell doubles down on inflation fight - Vimarsana News

Wall St drops as Powell doubles down on inflation fight

Wall Street's main indexes fell on Wednesday as Federal Reserve Chair Jerome Powell remained firm in bringing inflation back to 2% target, spurring worries of more monetary tightening.

Why Why Crypto-Related Stocks MicroStrategy, Argo Blockchain And Bit Digital Are Moving Higher - MicroStrategy (NASDAQ:MSTR), Argo Blockchain (NASDAQ:ARBK), Bit Digital (NASDAQ:BTBT) - Vimarsana News

Why Why Crypto-Related Stocks MicroStrategy, Argo Blockchain And Bit Digital Are Moving Higher - MicroStrategy (NASDAQ:MSTR), Argo Blockchain (NASDAQ:ARBK), Bit Digital (NASDAQ:BTBT)

Several crypto-related stocks including MicroStrategy, Inc. (NASDAQ: MSTR), Bit Digital, Inc. (NASDAQ: BTBT) and Argo Blockchain, Plc. (NASDAQ:

Wall Street slips as Powell hints at further rate hikes - Vimarsana News

Wall Street slips as Powell hints at further rate hikes

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * FedEx slides after disappointing Q4 results * Crypto stocks gain as bitcoin breeches $30,00...

Wall St drops as Powell doubles down on inflation fight - Markets - Vimarsana News

Wall St drops as Powell doubles down on inflation fight - Markets

Wall Street’s main indexes fell on Wednesday as Federal Reserve Chair Jerome Powell remained firm in bringing...