Nasdaq and chip stocks slump, Treasury yields fall below 5% as bitcoin slides to $81K
- —Philadelphia Semiconductor Index -6.7%; Nasdaq -2.6% to 26,008.86, worst day since June 5
- —10-year Treasury yield fell 17 bps to 4.96%; 2-year down 16 bps to 4.65%
- —Gold -2.88% to $4,021; bitcoin down about 2.5% to $81,200 in 24 hours
- —WTI near $99 and Brent above $111 amid reports of planned strikes on Iran
Why it matters: Traders now watch the Fed's Oct. 28 statement and whether WTI tops $100, either of which could keep inflation fears and crypto selling pressure alive.
Source: 動區 BlockTempo