Market Update: Tech Stocks Struggle, Bitcoin Rebounds, and Fed Chair Powell Faces Scrutiny

Reported 2 months ago

On August 9, Wall Street is witnessing significant activity as tech stocks face pressure amid a wider market sell-off. Bitcoin has rebounded to over $60,000 after a turbulent week. Meanwhile, Federal Reserve Chair Jerome Powell is under fire, with critics, including former President Donald Trump, suggesting that the Fed missed an opportunity to cut rates amidst concerns of an economic slowdown.

Source: YAHOO

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