Nasdaq 100 Retreats as Coinbase Falls, May Cast a Shadow on Hang Seng and ASX 200
Nasdaq 100 Retreats as Coinbase Falls, May Cast a Shadow on Hang Seng and ASX 200 NASDAQ 100, HANG SENG, ASX 200 INDEX OUTLOOK: Coinbase swung sharply lower after debut, pulling Bitcoin and technology shares broadly lower Futures in Australia and Hong Kong are positioned for losses following a sour lead Coinbase, Powell Speech, Earnings, Asia-Pacific at Open: The Nasdaq 100 index pulled back from its all-time high as the debut of Coinbase – one of the largest cryptocurrency exchanges – closed sharply lower after debut. The price of the stock fell 23% from its intraday high of $428.9 and c...