U.S.Stocks and Crypto Markets Show Mixed Performance amid Trade Tensions
On tuesday,July 8,U.S. stock markets saw a mixed performance. The Dow Jones Industrial Average took a hit, dropping 108 points or 0.24%. This decline was driven by worries about new tariffs. However, the S&P 500 and Nasdaq Composite managed small gains of 0.08% and 0.18%, respectively.
Banking and consumer-focused companies on the Dow Jones were especially affected. JP Morgan saw a 3.5% drop, despite plans too expand in Italy. Amazon and Walmart also fell, by 1.26% and 1.57%, mainly due to their ties with the Chinese market.
The crypto market remained largely stable. Bitcoin rose by 0.47%, and the overall market cap increased by 0.13%. Ethereum stood
