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Current Conditions: 44.7 (est 50.1; prev 50.9) - Expectations: 47.3 (est 45.7; prev 46.3) - 1-Year Inflation: 4.7% (est 4.8%; prev 4.6%) - 5-10 Year Inflation: 3.5% (est 3.5%; prev 3.4%)
Current Conditions: 44.7 (est 50.1; prev 50.9) - Current Conditions: 47.3 (est 45.7; prev 46.3) - 1-Year Inflation: 4.7% (est 4.8%; prev 4.6%) - 5-10 Year Inflation: 3.5% (est 3.5%; prev 3.4%)
The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.