Markets Cool, Crypto Heats Up

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💰Markets Cool, Crypto Heats Up

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Stocks lost momentum this week as tech cooled off and investors grew more cautious. Meanwhile, Bitcoin and major altcoins surged, riding a wave of institutional interest and regulatory support. As crypto gains heat and traditional markets stall, capital appears to be on the move yet again.

Let’s go.

BIG IDEA 1💡
Tech Struggles, Tesla Moves, and the Return of Trade Drama

Markets Show Signs of Exhaustion

• S&P 500 Slips 0.4%: A six-day winning streak snapped as investors locked in profits from tech gains.

• Dow Falls 114 Points: Disappointing retail earnings and geopolitical caution dragged sentiment.

• NASDAQ Drops 0.4%: Tech stocks cooled after weeks of rallying, with traders hitting pause.

Retail Mixed, Fed Stays Put

• Home Depot Beats but Falls: Despite strong sales, the stock slid as the company chose not to pass on tariff-related costs.

• Fed Holds Steady: Central bankers kept rates unchanged, signaling confidence in the economy without hinting at cuts.

• China-U.S. Chip Clash: A fresh U.S. warning on Huawei chips drew sharp criticism from Beijing, threatening recent trade progress.

Tesla’s Bold Vision

• Musk Commits to Tesla: Elon Musk pledged to remain CEO for at least five years, easing concerns about divided attention.

• Autonomy Over Autos: Morgan Stanley says Tesla’s future is now in robotics and self-driving, not just EVs.

• Europe Still Lags: Musk acknowledged weak sales overseas but insisted momentum is turning.

BIG IDEA 2💡
Crypto Climbs, EM Cools, and Geopolitical Risks Return

Crypto Momentum Builds

• Bitcoin Nears $105K: Institutional demand and optimism over the GENIUS stablecoin bill lifted prices.

• Institutions Add Exposure: Pensions and sovereign wealth funds are turning to crypto via indirect holdings.

• Ethereum and Altcoins Gain: ETH rose 3%, while Solana, Cardano, and others followed on broader enthusiasm.

Some investors are looking beyond Bitcoin and exploring alternative digital assets.

EM Faces New Skepticism

• Wells Fargo Issues Downgrade: Analysts say recent EM gains don’t align with underlying economic fragility.

• China Still in Trouble: Debt, property sector weakness, and poor growth data paint a challenging outlook.

• Investors Shift to Safety: U.S. and developed markets are back in favor as global risks intensify.

Global Tensions Emerge

• Israel Eyes Iran Strike: Growing military tensions are raising fears of escalation in the Middle East.

• Tax Cuts Near Vote: Trump’s tax plan advanced in Congress, but critics warn of widening deficits.

• Dollar Weakens Again: The dollar continued its slide as traders questioned the administration’s currency strategy.

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