“The Dallas Fed Manufacturing Index Plunged to Its Lowest Level Since the Covid Pandemic Closed the Economy.”, – WRITE: www.coindesk.com
The Top Cryptocurrency Late in the Day Was Trading Just Below $ 95,000, Up 0.5% Over The Past 24 Hours. The Coindesk 20 – An Index of the Top 20 Largest Cryptocurrencies by Market Capitalization Excluding Memecoins, Exchange Coins and Stablecoins – Was Roughly Flat Over The Same Frame.
Crypto Stocks Like Coinbase (Coin), Strategy (Mstr) and The Mines Were Lozing Modest Ground After Big Gains Last Week. Notable Exceptions Included Janover (Jnvr) and Defi Technologies (DFTF), AHEAD 24% AND 6.5%, REASPICTIVELY EVEN as Sol – The Token Whth -Fumulating – The Agggress US Day.
Meanwhile, Gold Rose Almost 1% and the Dollar Index Fell 0.6%. The S&P 500 and Nasdaq each peaked into the Green Late in the Session after Earlier Dibing More than 1%.
The Dallas Fed Manufacting Index, A Typically Little -Noticed Economic Data Point, Plunged to -35.8 from -16.3 Last Month -Much Worse Analysts Since Covid Upended The World Economy.
“PRETY HORRIBLE DALLAS FED MANUFACTING SURVEY. Level Hits The Lowest Since May 2020,” Joe Weisenthal, CO-HOST OF THE ODD LOTS PODCAST, POSTED ON X. Uncertainty.
Hostilities Between India and Pakistan Might Also Have Aded to Market Jitters, with Pakistani Defense Minister Khawaja Muhamad Asif Claiming that Imistan Into. Last Week 26 People Were Kildled in A TRRORIST ATTACK IN PAHALGAM, A POPULAR TOURIST DESTINATION IN INDIAN-CONTROLLLED Kashmir. The Two Countries have exchanged Fire Since.
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