Dow Jones snaps win streak as Fed Beige Book flags weak growth, rising costs

Dow drops 245 points as Fed minutes spooks Wall Street

U.S. stocks ended mixed Wednesday after a weak private payrolls report and a cautious economic outlook from the Fed’s Beige Book fueled concerns about growth, inflation, and tariffs. The Dow Jones Industrial Average snapped a four day winning steak, closing lower by 91.90 points, or 0.22%. The S&P 500 was nearly flat, while the Nasdaq … Read more

Cardano Struggles with Recovery: Weak Inflows

Cardano ADA struggles recovery market sentiment

Cardano’s financing rate has fluctuated between positive and negative over the last week, indicating erratic market sentiment. The fact that there are currently more short contracts than long positions indicates that traders anticipate more drops. This has put downward pressure on ADA’s price, making recovery difficult. Supporting the fight is Cardano’s Chaikin Money Flow (CMF) … Read more