8M
...
Bitcoin and ether slipped Friday, losing 1.5% and 1.7%, respectively, after a tumultuous week in crypto markets. Meanwhile, stocks, after a rocky start to 2024, started to turn things around, but indexes are still on track to post their first losing week in more than two months.
The S&P 500 and Nasdaq Composite indexes each gained around 0.3% toward the end of Friday’s trading session, positioning them 1% and 2.4% lower, respectively, since the beginning of the year.
Investors have been digesting this week’s jobs data and the latest indication from the Federal Reserve that the pace and timeline for rate cuts is still very much up in the air. The ratio of job openings to…
Read more on Blockworks