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MARKETS CLOSE MIXED AS MEMORY CHIPS TUMBLE AND OIL HOLDS NEAR THREE-YEAR HIGHS Today's tape: - Dow: +0.32% - S&P 500: -0.07% - Nasdaq: -0.51% The damage was concentrated in chips after Seagate $STX CEO told a JPMorgan conference new factories would "take too long" to meet AI demand, per CNBC. The sector wipeout: - Seagate $STX: -7% - Micron $MU: -5% - Western Digital $WDC: -5% - Sandisk $SNDK: -5% - Nvidia $NVDA: -1% - Broadcom $AVGO: -1% Meanwhile, oil stayed bid: - WTI: +3% at $108.66 - Brent: +2% at $112.10 The 30-year Treasury yield is still hovering near its highest level in a year. The S&P 500 and Nasdaq both hit fresh record highs just last week.
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Market pricing of US growth (chart from a skeptical Goldman)
Markets don’t wait. Neither should you. As a Binance VIP, you unlock priority live support and a dedicated account manager, ready when you are. No queues, no delays. Just fast, direct assistance when it counts. See what else VIP unlocks 👉
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market blah… 🙃 which bulls got it next week?
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Markets move. Capital rotates. Strategies evolve. Gate TradFi is redefining multi-asset trading with CFDs, perpetuals, and spot products — all in one integrated trading hub. Trade smarter across changing market conditions with greater flexibility and capital efficiency. Learn more:
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Market stands by 5 fundamental truths… Do you know them? 1st: Anything can happen 2nd:
Marketplace is fixed. Sales are going through clean. Volume display will be sorted in the next few hours. And, big news, $ZERO has been listed. We believe the top privacy chain deserves a vibrant inscription ecosystem, and we're going to build it. Tokens, NFTs, and more are coming. Since you've all been here from the start, we're planning to share a percentage of platform revenue with $ZECS holders. More details soon. In the next day we will investigate reports of missing mints and communicate findings and way forward. We'll also make sure $ZECS receives the appropriate support. We're just getting started.
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Marketplace is our top priority right now. We’re fixing volume display and making sure every trade goes through clean with no errors. Once that’s locked in, we move to the next phase. Appreciate the patience. We’re not slowing down.
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Market not moving? At least the vibes are. 🕺👇 #LBank# #LBankxNobodySausage#