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S&P 500 widens losses to 1%, US Semiconductor Index drops 2.8%, NVIDIA falls 2.4%

1 hours ago

On June 10, market data from Bitget revealed that the S&P 500 extended its decline to 1%, the Nasdaq dropped 1.3%, and the U.S. Semiconductor Index tumbled 2.8%. ARM plunged over 4%, Micron Technology fell 2.4%, Intel slipped 0.8%, and NVIDIA declined 2.4%.
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2026 Federal Reserve Interest Rate Endgame: Hike Dominance over Cut, Today's CPI Report Plants Hawkish Pivot Seeds

June 11 — The May Consumer Price Index (CPI) report released today has set the stage for the Federal Reserve to adopt a more hawkish policy stance, with central bank officials now debating whether a rate hike should make a comeback. Data from the CME FedWatch Tool shows: - The probability the Fed will hold interest rates steady through the end of 2026 stands at 30.6%. - The likelihood of just a total of 25 basis points (bps) of rate cuts this year is only 1.2%, while the odds of a total of 25 bps of rate hikes are 42.9%. - For cumulative rate hikes, the probabilities are 20.9% for 50 bps, 4.1% for 75 bps, and 0.3% for 100 bps. - Additionally, the probability of a 25 bps rate cut at the Fed’s upcoming June meeting is just 3.8%.

3 minutes ago

Trump Threatens New Strike on Iran Today, US Stocks Extend Losses, Gold Plunges 3.54% intraday

June 10 – U.S. stocks extended their decline after President Trump renewed his threat to take action against Iran earlier today, according to data from Bitget Markets. The Nasdaq Composite fell nearly 1.5%, the Dow Jones Industrial Average dropped 1.2%, and the S&P 500 Index slid 0.94%. Spot gold continued its downward trend, plummeting more than $20 in a short span and notching a 3.54% daily loss. Meanwhile, both WTI and Brent crude oil rallied over $1 in the short term, with intraday gains of around 2%. They are now trading at $90.78 per barrel for WTI and $92.77 per barrel for Brent, respectively.

3 minutes ago

Trump: Will Discuss Social Impact with AI Leaders, Public Will Become Very Wealthy Due to AI

June 10: Trump said he will soon meet with 12 top executives from leading artificial intelligence companies. He noted that during the upcoming meeting, he will discuss giving back to society with these AI industry leaders. The U.S. president added that he is confident these company leaders will contribute to the public, stating that the public will become significantly wealthier through AI-driven initiatives.

3 minutes ago

OpenAI is expected to go public next year, delaying its previously anticipated IPO as early as September.

June 10: OpenAI CEO Sam Altman predicted the company will likely go public next year, pushing back its earlier plan to launch an IPO as early as September this year. Key factors shaping the IPO timeline include raising capital to acquire needed computing resources and progress in advancing self-improving AI. According to monitoring by PolyBeats, on the prediction platform Polymarket, the probability that OpenAI will go public by the end of August has dropped to 6%. The likelihood of an IPO by the end of September stands at 21%, while the end-of-year probability has plummeted from 76% to 49%.

3 minutes ago

Trump: Will Strike Iran Forcefully

June 10: Trump posted on Truth Social, stating the U.S. will strike Iran powerfully, affirming America’s right to resume strikes against Iran, and urging Iran to sign what he called “a good agreement.”

3 minutes ago

trade.xyz has launched perpetual contracts for Western Data (WDC), with up to 10x leverage.

On June 10, trade.xyz launched perpetual contracts for Western Digital (WDC) — a U.S.-listed stock in the storage sector — with up to 10x leverage, according to official sources.

3 minutes ago

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