AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The SPX index was down 0.56% as the 10-year U.S. yield reached 4.1%, its highest in five weeks. Strong December retail sales data also dampened expectations of an early rate cut by the Fed. The broader cryptocurrency market was down, with Bitcoin and Ether dropping by 1.76% and 3.15%, respectively in the past 24 hours.