The Nasdaq Composite fell 100.07 points, or 0.36%, to 27,499.82 at 1:19 PM ET on Wednesday, giving back some ground after a second straight record close of 27,599.79 on October 6. The index traded between 27,341.31 and 27,502.43 as investors waited for the minutes of the Fed’s September 15-16 meeting, due at 2:00 PM ET. At that meeting policymakers raised the federal funds target range to 3.75% to 4.00%. Tuesday’s records for the Nasdaq and S&P 500 came on AI and chip stocks, easing Treasury yields and steadier crude prices. The 10-year yield stayed near 5.30%. The rally was narrow: the Russell 2000 fell about 0.6% while the big indexes rose.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Polymarket has officially launched 5-minute crypto price prediction contracts on the Polymarket US App. Shortlisted…
The Federal Open Market Committee (FOMC) kicked off a high stakes closed door meeting on…
ONDO is approaching a critical support zone just as Ondo Finance expands its tokenized stock…
PEPE is testing buyers' patience. The meme coin has climbed along an upward trendline since…
Ripple has won final approval from the US Office of the Comptroller of the Currency…
Artificial intelligence needs more than clever algorithms. It needs GPUs, electricity, data centers, and plenty…
