Thursday saw a downturn in the stock market with the Dow Jones Industrial Average, S&P 500, and Nasdaq all experiencing losses. The declines came amidst various news developments that impacted investor sentiment. The Dow opened lower, continuing its negative trend from Wednesday’s close of -0.4%. Meanwhile, the S&P 500 fell by 0.33%, reflecting the market’s reaction to Coinbase’s inclusion as a new member. The Nasdaq also experienced a slight pullback, closing 0.50% lower.
Crypto assets followed suit, with Bitcoin (BTC) and Ethereum (ETH) declining by 1.3% and 2.2%, respectively. These declines coincided with oil prices dropping as the market responded to Trump’s comments on a potential nuclear deal with Iran.