S&P 500, Nasdaq Technical Outlook: Mixed Signals After Jobs Data
S&P 500 edges lower, Nasdaq gains after strong jobs report. Both indices trade above key moving averages, but August highs remain resistance.
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S&P 500 edges lower, Nasdaq gains after strong jobs report. Both indices trade above key moving averages, but August highs remain resistance.
Bitcoin climbed to $81,050 on Friday, back near May levels, while the average entry price for recent buyers has fallen by roughly $7,500.
Robinhood Chain halted block production for 14 minutes on Friday, with no cause disclosed. The incident underscores risks of a single-sequencer design.
Trump demands lower rates, threatening to halt trade with deficit countries.
Pons (PONS) jumped roughly 41% to a record $0.73 after a Uniswap Labs purchase disclosure, while traders posted sharply different results.
Trezor revealed another 67,000 US users were leaked in mailing partner breach, total over 80,000.
The US dollar had a mixed reaction to the blockbuster US jobs report, with technical levels causing reversals in some pairs.
Bitcoin and gold fell after US August payrolls nearly tripled forecasts, reviving rate hike bets and sparking over $200 million in liquidations.
US non-farm payrolls rose 162K in August, well above the 56K expected, while the unemployment rate held at 4.1%.
Canada's economy lost 41,700 jobs in August, far below the 15,000 gain expected, while the unemployment rate held at 6.4%.