U.S. stocks closed with most crypto-related sectors down, BMNR fell more than 7.83%
According to Odaily, based on msx.com data, at the close of the US stock market, the Dow Jones fell 1.63%, the S&P 500 Index dropped 1.36%, and the Nasdaq declined 1.46%. The crypto sector saw a broad decline, with DFDV down more than 10.76%, HODL down more than 8.37%, BMNR down more than 7.83%, and MSTR down more than 6.47%.
It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens, covering US stock and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Adding insult to injury! Japanese electronics giant Nidec downgraded by UBS, stock price plunges over 9% and approaches an 11-month low
UBS has downgraded Nidec's rating from "Buy" to "Neutral" and lowered its target price from 2,800 yen to 2,400 yen, citing a more challenging market environment.
BUZZ - After an upgrade by Citi, Australia's QBE Insurance may see its best week in four months
On October 9, shares of Australian QBE Insurance Group (QBE.AX) continued their upward trend, rising 1.8% to AUD 24.805, reaching the highest level since August 5. The stock has gained approximately 4.2% this week and is on track for its best weekly performance since early June. Earlier this week, Citi noted in a report that the insurer stands out from its domestic peers due to its ability to achieve at least mid-single-digit, volume-driven gross written premium (GWP) growth while maintaining underwriting margins. The broker upgraded the stock's rating to "Buy" and raised its target price by 10.3% to AUD 26.70. The report also stated that QBE has currently reached a total premium income of USD 1.5 billions and is expected to increase to USD 2.5 billions in the medium term. Citi added that it remains optimistic about the stock thanks to enhanced earnings stability brought by prudent reserving. So far this year, QBE shares have risen about 25%.
Nvidia Stock Faces Critical Warning Sign. Is the AI Trade Breaking?
Deutsche Bank estimates the impact of rising interest rates: US major banks face capital pressure, and stock buybacks may collectively hit the brakes.
Deutsche Bank recently released an industry research report focusing on the capital pressure faced by large US banks amid a significant rise in interest rates expected in Q3 2026.
Crypto prices
More
