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The S&P 500 fell 1% on Thursday as renewed pressure on AI and tech stocks, coupled with signs of a weakening labor market, drove broad declines across Wall Street. Gold held near $4,000 as US shutdown fears, mass layoffs, and falling yields boosted safe-haven demand and rate cut expectations. The Coindesk Indices, which tracks the broader crypto market, fell 2.90% with Bitcoin and Ether down 2.89% and 3.43%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is AR, up 38.0%, after Confidios partnered with Arweave to build a verifiable data governance infrastructure.