{"ok":true,"items":[{"id":2146,"title":"Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears","url":"https://www.investing.com/news/stock-market-news/nasdaq-sp-futures-slip-as-semiconductors-drag-payrolls-in-focus-4728127","published_at":"2026-06-05T23:36:42Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2147,"title":"Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings","url":"https://www.investing.com/news/stock-market-news/netflix-names-longtime-director-jay-hoag-as-chairman-succeeding-reed-hastings-4729387","published_at":"2026-06-05T23:30:24Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2191,"title":"Here’s what’s worth streaming in June 2026 on Netflix, Hulu, HBO Max and more","url":"https://www.marketwatch.com/story/heres-whats-worth-streaming-in-june-2026-on-netflix-hulu-hbo-max-and-more-7c73c539?mod=mw_rss_topstories","published_at":"2026-06-05T23:00:00Z","summary":"HBO’s ‘House of the Dragon,’ Hulu’s ‘The Bear’ and Apple’s ‘Cape Fear’ will try to compete with the World Cup","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["HBO"]},{"id":2148,"title":"California to decide soon whether it will seek to block Paramount deal","url":"https://www.investing.com/news/stock-market-news/california-to-decide-soon-whether-it-will-seek-to-block-paramount-deal-4728169","published_at":"2026-06-05T22:48:28Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["ETH"]},{"id":2149,"title":"J&J beats lawsuit alleging that talc caused three women’s cancer","url":"https://www.investing.com/news/stock-market-news/jj-beats-lawsuit-alleging-that-talc-caused-three-womens-cancer-4729388","published_at":"2026-06-05T22:31:35Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2150,"title":"New York passes bill banning prices based on personal data","url":"https://www.investing.com/news/stock-market-news/new-york-passes-bill-banning-prices-based-on-personal-data-4728985","published_at":"2026-06-05T22:30:57Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2192,"title":"S&P 500 sees $1.8 trillion wipeout, Nasdaq tallies biggest point drop on record: What investors need to know about Friday’s selloff","url":"https://www.marketwatch.com/story/s-p-500-sees-1-8-trillion-wipeout-nasdaq-tallies-biggest-point-drop-on-record-heres-what-investors-need-to-know-about-fridays-selloff-4eb7b490?mod=mw_rss_topstories","published_at":"2026-06-05T22:27:00Z","summary":"A remarkable two-month sprint higher for major stock-market indexes encountered its first major hiccup on Friday as the Nasdaq Composite plummeted more than 1,121 points — the biggest one day point drop on record, according to Dow Jones Market Data.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2151,"title":"Boeing studying boost of 737 MAX plane production to highest-ever rate","url":"https://www.investing.com/news/stock-market-news/boeing-studying-boost-of-737-max-plane-production-to-highestever-rate-4729364","published_at":"2026-06-05T22:18:52Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["BOE","MAX"]},{"id":2116,"title":"ETH falls to 13-month low on Zcash bug news and Bitcoin drop to sub-$60K: Is $1.4K next?","url":"https://cointelegraph.com/markets/eth-falls-to-13-month-low-on-zcash-bug-news-and-bitcoin-drop-to-sub-60k-is-14k-next?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T22:18:29Z","summary":"ETH price crashed below $1,600 as a vulnerability in Zcash emerged and Bitcoin sold off below $60,000 for the first time in months.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["ETH"]},{"id":2152,"title":"Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test","url":"https://www.investing.com/news/stock-market-news/marvell-to-join-sp-500-after-ai-boom-helps-chipmaker-pass-profitability-test-4729328","published_at":"2026-06-05T22:12:53Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["AI"]},{"id":2193,"title":"‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums?","url":"https://www.marketwatch.com/story/this-would-be-a-one-time-event-how-can-i-take-extra-money-from-my-401-k-without-triggering-higher-medicare-premiums-fef1586d?mod=mw_rss_topstories","published_at":"2026-06-05T22:07:00Z","summary":"“I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2194,"title":"We thought we found the perfect luxury retirement community, but it’s millions of dollars in debt. Are we trapped?","url":"https://www.marketwatch.com/story/we-thought-we-found-the-perfect-luxury-retirement-community-but-its-millions-of-dollars-in-debt-are-we-trapped-cde2e8f5?mod=mw_rss_topstories","published_at":"2026-06-05T22:07:00Z","summary":"“If we were to leave, we would lose a portion of our buy-in — about $80,000.”","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2195,"title":"Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on","url":"https://www.marketwatch.com/story/bitcoin-is-suffering-from-an-attention-deficit-as-momentum-traders-have-moved-on-17d2c140?mod=mw_rss_topstories","published_at":"2026-06-05T21:58:00Z","summary":"“The AI trade is sucking the blood out of crypto,” one analyst notes.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["AI"]},{"id":2166,"title":"investingLive Americas FX news wrap 5 Jun:A strong US jobs report sends bonds/stocks lower","url":"https://investinglive.com/news/investinglive-americas-fx-news-wrap-5-juna-strong-us-jobs-report-sends-bondsstocks-lower-20260605/","published_at":"2026-06-05T21:55:45Z","summary":"US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025Meta is considering raising tens of billion dollars in a stock offeringTrump: Would like to see lower interest ratesBaker Hughes oil rig count up 2 to 431Gold is sinking with the US dollar rising and yields moving higherTraders push bitcoin to the lowest level going back to October 2024. Stocks reach new lowsCNN: Iran-US talks reportedly deadlockedEnergy Sec Wright: We will refill the SPR by 40M barrels after Iran conflict is overTrump cheers Jobs report. Bond yields rising/ stock sliding send warningsTech meltdown deepens while consumer defensive stocks shine brightFed's Hammack: Today's jobs report reaffirms that the jobs market is roughly in balanceBitcoin nears the lows of the year and the technical picture is ugly if $60,000 breaksCanada employment change 87.8 K vs 10.0 estimate. The unemployment rate falls to 6.6%US May non-farm payrolls +172K vs +85K expectedinvestingLive European markets wrap: A mixed mood waiting on NFP, US-Iran developmentsThe North American employment picture received a significant boost today as both the United States and Canada delivered much stronger-than-expected labor market reports, reinforcing the view that economic activity remains resilient despite concerns about slowing growth and elevated interest rates.In the United States, nonfarm payrolls increased by 172,000 in May, nearly double the consensus estimate of 85,000. Adding to the strength, prior months were revised higher by a combined 93,000 jobs, while the unemployment rate held steady at 4.3% and wage growth remained firm. The report suggested that hiring momentum remains intact and reduced expectations that the Federal Reserve will be in a position to ease policy anytime soon. Treasury yields surged following the release, the U.S. dollar strengthened, and equity markets came under pressure as investors repriced the outlook for interest rates.Canada's labor market also surprised to the upside. Employment rose by 87,800 jobs versus expectations for a gain of just 10,000, while the unemployment rate fell sharply to 6.6% from 6.9%. The strength was particularly encouraging because it was driven by a surge of 154,000 full-time jobs, offsetting weakness seen earlier in the year. Job gains were broad-based, led by construction, transportation and warehousing, accommodation and food services, information and recreation, and manufacturing. The primary area of weakness remained wholesale and retail trade.Taken together, the reports painted a picture of two labor markets that remain far more resilient than expected. That is the good news. The not so good news for policymakers, is that the stronger employment data reduces pressure for additional monetary easing. In the U.S., markets pushed Treasury yields higher and increased expectations that the Federal Reserve will keep rates elevated for longer and perhaps raise rates toward the end of the year (that would be a big reversal from just a few months ago). While in Canada the report reinforced expectations that the Bank of Canada may remain on hold after its recent easing cycle. Currency markets reflected the stronger Canadian data, with USDCAD moving modestly lower following the release, although gains in the U.S. dollar from the stronger U.S. report limited the downside.The stronger-than-expected U.S. jobs report sparked a sharp selloff in the Treasury market as traders reduced expectations for near-term Federal Reserve rate cuts. The move was led by the front end of the yield curve, reflecting a repricing of Fed policy expectations. The 2-year Treasury yield climbed 10.0 basis points to 4.15%, while the 5-year yield rose 7.9 basis points to 4.268. Longer-term yields also moved higher, with the benchmark 10-year yield increasing 5.5 basis points to 4.530% and the 30-year bond yield advancing 2.0 basis points to 4.996%. The steeper rise in shorter-dated yields highlighted the market's view that a resilient labor market and still-elevated inflation pressures could keep the Federal Reserve on hold for longer than previously anticipated.Stocks were mixed to start the day with the Dow higher and the S&P and Nasdaq lower (Nasdaq was down about 300 points going into the jobs report). The jobs report sent the stocks lower on the back up in yields Concerns about the events of the week with Alphabets floating of $85 billion of equity a reminder that AI is going to cost a lot, and that cost is now eating into shareowners value as equity gets diluted. In the past, stock owners benefited from buybacks of shares reversing dilution.. Now with the number of shares increasing, that idea is reversingThe declines started to accelerate with both the S&P and NASDAQ indices closed closing below their 200 hour moving averages for the first time since April 2026. For the S&P index the 200 hour moving average comes in at 7404.33. The closing price was 7383.73. For the NASDAQ index the 200 hour moving averages at 26069.49 with a closing price well below that level at 25709.43.There were a number of losers which fell over 10% today including:In a unique week, Marvel Technology was one of the worst performers today with a decline of -16.74%, but one of the best performers for the week with a gain of 28.52%. Indicative of the craziness, it's stock is still up 210% for the year. The stock price this week reached a $324.20 before closing today at $263.47.The USD was stronger today with the AUD and the NZD the hardest hit vs the greenback. Below is an end of week video, outlining the technicals for those two pairs as the trading week comes to an end. Ranking the major currencies losses versus the greenback showedJPY -0.17%CAD -0.19%GBP -0.60%EUR -0.78%NZD -1.19%AUD -1.23%The price of gold reacted negatively to the higher yields and the higher dollar.Gold tumbled $147.17 or -3.29% for its worst day since March 20. For the week the price fell -4.614% Silver fell by $-6.02 or -8.15% (its worst day since May 15). For the week the price fell -9.837%Bitcoin continued its move to the downside fell more than 16% this week its worst one week % decline since October 2022Recall from yesterday, Treasury Secretary Bessent remarked that he wished the employment report had been released a day earlier. While he denied having any advance knowledge of the numbers, the comment looks particularly interesting in hindsight.Ironically, what would normally be considered good news for the economy turned out to be bad news for the market. The stronger-than-expected jobs report sent Treasury yields sharply higher as investors reassessed the likelihood of near-term Fed rate cuts. The result was a broad stock market selloff, with high-flying technology and AI shares leading the decline.It raises an interesting question: Did some insiders have a rough day today? The markets will next prepare for Kevin Warsh's first meeting as the Fed chair, but before then, the CPI data will be released next week with expectations for a core gain of 0.5% and the YoY rising to 2.9% from 2.8%. The headline is expected to reach 4.2% from 3.8% last month.The Bank of Canada is expected to keep rates unchanged but with the strong jobs report it will be interesting to see if there is a shift. The ECB will also meet and the market has priced a 25 basis point hike. That has been pretty well telegraphed from policy makers already. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","AI","ETH","EUR","US","USD","GOLD","ECB","NASDAQ","FED","CAD","USDCAD","GBP","JPY","CPI","FX","NFP","AUD","NZD","SPR"]},{"id":2153,"title":"Marvell stock pops after S&P 500 inclusion announcement","url":"https://www.investing.com/news/stock-market-news/marvell-stock-pops-after-sp-500-inclusion-announcement-4729346","published_at":"2026-06-05T21:45:24Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2156,"title":"Bitcoin briefly falls below $60k, hits lowest level since October 2024","url":"https://www.investing.com/news/cryptocurrency-news/bitcoin-falls-to-61k-set-for-16-weekly-wipeout-as-etf-outflows-continue-4727889","published_at":"2026-06-05T21:42:08Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":[]},{"id":2154,"title":"Mexico stocks lower at close of trade; S&P/BMV IPC down 1.86%","url":"https://www.investing.com/news/stock-market-news/mexico-stocks-lower-at-close-of-trade-spbmv-ipc-down-186-4729327","published_at":"2026-06-05T21:30:04Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["BMV","IPC"]},{"id":2196,"title":"‘No one wears bling’: What does it say about America if people are afraid to wear their jewelry?","url":"https://www.marketwatch.com/story/no-one-seems-to-wear-their-bling-is-it-safe-to-show-off-your-expensive-jewelry-a807bc55?mod=mw_rss_topstories","published_at":"2026-06-05T21:30:00Z","summary":"“I’ve been to many shows, operas, big parties and fundraisers.”","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2081,"title":"Marvell gets a spot in the S&P 500 — along with this data-center play","url":"https://www.marketwatch.com/story/an-s-p-500-shakeup-is-hours-away-these-stocks-could-soon-earn-spots-in-the-index-a9b64d67?mod=mw_rss_topstories","published_at":"2026-06-05T21:27:00Z","summary":"The new additions beef up the IT sector’s presence within the benchmark index.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["IT"]},{"id":2155,"title":"Colombia stocks lower at close of trade; COLCAP down 1.58%","url":"https://www.investing.com/news/stock-market-news/colombia-stocks-lower-at-close-of-trade-colcap-down-158-4729322","published_at":"2026-06-05T21:25:03Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["COLCAP"]},{"id":2082,"title":"First Google, now Meta? Big Tech may increasingly sell stock to bankroll $820 billion AI boom.","url":"https://www.marketwatch.com/story/first-google-then-meta-big-tech-may-increasingly-sell-stock-to-bankroll-820-billion-ai-boom-83c69030?mod=mw_rss_topstories","published_at":"2026-06-05T21:15:00Z","summary":"Stock investors may not love it — but bond investors already heavily engaged in funding the AI buildout are pleased.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["AI"]},{"id":2083,"title":"These stocks fell the most Friday as Big Tech took a dive","url":"https://www.marketwatch.com/story/these-stocks-fell-the-most-friday-as-big-tech-took-a-dive-bf692616?mod=mw_rss_topstories","published_at":"2026-06-05T21:10:00Z","summary":"Chip makers dominated the list of the day’s biggest losers among the S&P 500.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2036,"title":"US Senator Warren prods prediction markets regulator over bias, interference reports","url":"https://www.investing.com/news/stock-market-news/us-senator-warren-prods-prediction-markets-regulator-over-bias-interference-reports-4729288","published_at":"2026-06-05T21:07:11Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["US"]},{"id":2084,"title":"Marvell, Micron shares tumble as the chip sector suffers its worst day in 6 years","url":"https://www.marketwatch.com/story/marvell-micron-shares-tumble-as-the-chip-sector-suffers-its-worst-day-in-6-years-a7c1701a?mod=mw_rss_topstories","published_at":"2026-06-05T21:03:00Z","summary":"Investors are cooling on momentum stocks and considering the implications of a strong jobs report.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2037,"title":"US says it will speed development and use of AI for national security","url":"https://www.investing.com/news/stock-market-news/us-says-it-will-speed-development-and-use-of-ai-for-national-security-4729145","published_at":"2026-06-05T21:00:32Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["AI","US"]},{"id":2006,"title":"Travala lets AI agents book hotels with USDC on Base","url":"https://cointelegraph.com/news/travala-ai-agents-book-hotels-usdc-base?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T20:55:27Z","summary":"Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["AI","USD","USDC"]},{"id":2085,"title":"The hiring recession is over — but landing a new role is much harder than it looks","url":"https://www.marketwatch.com/story/the-hiring-recession-is-over-but-landing-a-new-role-is-much-harder-than-it-looks-8f7d9608?mod=mw_rss_topstories","published_at":"2026-06-05T20:53:00Z","summary":"The May jobs report blew past forecasts. Why is it taking six months to find a new job?","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2038,"title":"Blockbuster SpaceX IPO set to test high-flying US stocks rally","url":"https://www.investing.com/news/stock-market-news/blockbuster-spacex-ipo-set-to-test-highflying-us-stocks-rally-4728167","published_at":"2026-06-05T20:48:53Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["US","IPO"]},{"id":2039,"title":"Hot jobs report, rising rates send Wall Street’s tech favorites sprawling","url":"https://www.investing.com/news/stock-market-news/hot-jobs-report-rising-rates-send-wall-streets-tech-favorites-sprawling-4729227","published_at":"2026-06-05T20:48:33Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2040,"title":"S&P upgrades Legence Holdings rating on reduced ownership","url":"https://www.investing.com/news/stock-market-news/sp-upgrades-legence-holdings-rating-on-reduced-ownership-93CH-4729236","published_at":"2026-06-05T20:47:45Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2041,"title":"Saks Global wins court approval for bankruptcy restructuring","url":"https://www.investing.com/news/stock-market-news/saks-global-wins-court-approval-for-bankruptcy-restructuring-4728991","published_at":"2026-06-05T20:43:46Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2042,"title":"US states preparing lawsuit to block Paramount’s acquisition of Warner Bros, sources say","url":"https://www.investing.com/news/stock-market-news/us-states-are-preparing-a-lawsuit-to-block-paramounts-acquisition-of-warner-bros-4728992","published_at":"2026-06-05T20:43:27Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["US"]},{"id":2007,"title":"Crypto tax proposals weighed ahead of Tuesday House hearing","url":"https://cointelegraph.com/news/crypto-tax-bills-house-ways-means-hearing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T20:41:38Z","summary":"Among the issues US lawmakers are expected to discuss in a digital asset taxation hearing are “de minimis” reporting exceptions for crypto transactions.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["US"]},{"id":2056,"title":"US stocks close sharply lower. The NASDAQ index has it worse trading day since April 2025","url":"https://investinglive.com/stock-market-update/us-stocks-close-sharply-lower-the-nasdaq-index-has-it-worse-trading-day-since-april-2025-20260605/","published_at":"2026-06-05T20:40:54Z","summary":"The NASDAQ led the selloff on Friday, tumbling 4.18%, with losses reaching nearly 4.5% at the session lows. The S&P 500 declined 2.65%, after being down as much as 3.0%, while the Dow Jones Industrial Average fell 1.35%.The catalyst was a sharp rise in Treasury yields following a stronger-than-expected U.S. employment report. Nonfarm payrolls increased by 172,000 in May, well above the 85,000 estimate, while revisions added a net 93,000 jobs to prior months. The stronger labor market data reinforced concerns that the Federal Reserve may have less urgency to cut interest rates, sending the 2-year Treasury yield up 11.3 basis points and the 10-year yield up 6.7 basis points.Stocks never found their footing following the jobs report and instead spent the day grinding steadily lower. Selling pressure intensified later in the session after reports surfaced that Meta was considering an equity offering to help finance its massive AI infrastructure buildout. The news followed Alphabet's $85 billion equity raise earlier this week, raising concerns that technology giants are increasingly turning to stock issuance rather than relying solely on cash flow or debt financing to fund their AI ambitions.The market was arguably vulnerable to a pullback. Prior to this week's decline, the S&P 500 had rallied for nine consecutive weeks, while the NASDAQ had posted only one negative week during that stretch, slipping a mere 0.08%. From its March low to its recent record high, the S&P 500 surged 20.64%, while the NASDAQ advanced an impressive 31.42%.Even after this week's declines of 2.65% for the S&P 500 and 4.18% for the NASDAQ, many of the market's biggest winners remain up dramatically in 2026. The AI and semiconductor sectors, in particular, have produced extraordinary gains. While several high-flying stocks fell more than 10% on Friday alone, many remain up more than 117% year-to-date, with SanDisk still ahead by an eye-popping 556.42%.Those types of gains have all the hallmarks of a speculative boom. As a result, Friday's sharp reversal may reflect more than just concerns over higher interest rates—it may also signal that investors are beginning to lock in profits after one of the strongest runs seen in years.Comparing those stocks to the Magnificent 7, the run-up is even more pronounced, with four of the magnificent 7 stocks higher on the year (with Alphabet leading at 17.74%). Shares of Microsoft are down -13.84%, Tesla is down 13.06%, and Meta is down -10.16%. That does not compare to the three digit gains seen in the stocks above. Things are starting to feel a bit out of balance, and today's sharp decline in stocks reflects that growing unease. The war in the Middle East continues, oil prices remain elevated even after today's pullback, inflation pressures are proving stubborn, and a stronger-than-expected economy is pushing Treasury yields higher. Against that backdrop, a stock market that had become increasingly stretched after months of gains was vulnerable to a correction.The political backdrop adds another layer of complexity. President Trump has made it clear that he does not like falling stock prices, nor does he welcome higher gasoline and energy costs. With the midterm elections approaching in November, economic and market performance will remain under intense scrutiny.The challenge for policymakers is that their options are becoming more constrained. Inflation expectations are beginning to creep higher, making it more difficult to pursue aggressively stimulative policies without risking another inflation wave. During Trump's first term, the COVID crisis ultimately opened the door to unprecedented fiscal and monetary support. Today, the environment is very different. Economic growth remains solid, employment is healthy, and inflation risks have not fully disappeared. As a result, the policy playbook is much narrower, leaving Washington with fewer easy solutions if growth begins to slow while inflation remains elevated.President Trump can point to the repair and refilling of the Reflecting Pool, the restoration of Washington's iconic fountains, the new ballroom project, and even the planned MMA stadium as visible accomplishments -for some. But for many Americans, the stock market has been the most tangible measure of economic success and you can only tout those things for so long. They are nice but not everyone vacations in Washington DC (although it is nice), and tourism from overseas is also down. Until recently, soaring equity prices gave the White House something to celebrate. However, if the market's cracks today begin to widen into a more sustained correction, that source of confidence could quickly disappear. Rising interest rates, elevated energy prices, and growing concerns about inflation are already creating headwinds. If stocks continue to unravel, the mood in Washington could shift from confidence to intense concern in a hurry.For an administration that has often pointed to market gains as evidence that its policies are working, a prolonged downturn would remove one of its strongest talking points and raise pressure on policymakers to find answers in an increasingly challenging economic environment. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","AI","ETH","US","COVID","NASDAQ","FED","PPI","MMA","DC"]},{"id":2043,"title":"Munster sees Apple stock rerating from WWDC Siri reveal","url":"https://www.investing.com/news/stock-market-news/munster-sees-apple-stock-rerating-from-wwdc-siri-reveal-93CH-4729219","published_at":"2026-06-05T20:37:21Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":["WWDC"]},{"id":2044,"title":"Wall Street ends sharply lower as chips slide, jobs data fuels rate hike fears","url":"https://www.investing.com/news/stock-market-news/nasdaq-sp-futures-slip-as-semiconductors-drag-payrolls-in-focus-4728127","published_at":"2026-06-05T20:36:51Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2045,"title":"U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.35%","url":"https://www.investing.com/news/stock-market-news/us-stocks-lower-at-close-of-trade-dow-jones-industrial-average-down-135-4729201","published_at":"2026-06-05T20:31:00Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (News)","tags":[]},{"id":2086,"title":"For the first time ever, an S&P 500 ETF has over $1 trillion in assets. Here’s why that should worry you.","url":"https://www.marketwatch.com/story/for-the-first-time-ever-an-s-p-500-etf-has-over-1-trillion-in-assets-heres-why-that-should-worry-you-d3ee21ad?mod=mw_rss_topstories","published_at":"2026-06-05T19:59:00Z","summary":"Welcome to the age of trillions.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["ETF"]},{"id":2046,"title":"House panel proposes new tax rules for digital assets","url":"https://www.investing.com/news/cryptocurrency-news/house-panel-proposes-new-tax-rules-for-digital-assets-93CH-4729108","published_at":"2026-06-05T19:45:08Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":[]},{"id":2087,"title":"This hot new financial product has Wall Street spooked. What you should know before trying it out.","url":"https://www.marketwatch.com/story/this-hot-new-financial-product-has-wall-street-spooked-what-you-should-know-before-trying-it-out-d73c6864?mod=mw_rss_topstories","published_at":"2026-06-05T19:40:00Z","summary":"Perpetual futures have finally arrived in the U.S. Not everyone is thrilled.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2088,"title":"How this traveler booked a $16,000 first-class Emirates flight for $400 — and you can, too","url":"https://www.marketwatch.com/story/this-credit-card-pointsmaxxer-booked-a-16-000-first-class-emirates-flight-for-400-and-you-can-too-46f99294?mod=mw_rss_topstories","published_at":"2026-06-05T19:30:00Z","summary":"It’s trickier to find good deals with airline miles, but it’s still possible to get “insane value.”","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":[]},{"id":2008,"title":"Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?","url":"https://cointelegraph.com/markets/bitcoin-bears-face-26b-trap-as-btc-funding-rate-drops-is-a-short-squeeze-brewing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T19:28:53Z","summary":"Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze?","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["BTC"]},{"id":1981,"title":"Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion","url":"https://www.coindesk.com/markets/2026/06/05/why-diehard-bitcoin-purists-aren-t-sweating-the-massive-price-crash-that-wiped-out-usd200-billion","published_at":"2026-06-05T19:27:20Z","summary":"Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["AI"]},{"id":2057,"title":"NASDAQ on pace for its worst day day since April 10, 2025","url":"https://investinglive.com/stocks/nasdaq-on-pace-for-its-worst-day-day-since-april-10-2025-20260605/","published_at":"2026-06-05T19:00:49Z","summary":"The NASDAQ is now down more than 1,000 points, or -3.84%, at 25,801, with the session low reaching 25,753.93. Selling pressure accelerated following reports that Microsoft may look to tap the equity markets to help fund its expanding AI infrastructure investments, a development that has weighed on both the stock and the broader technology sector.From a technical perspective, the decline has pushed the index below both its 100-hour and 200-hour moving averages, increasing the bearish bias in the short term. The next key support target comes at the 50% retracement of the rally from the April 21 consolidation low, which is located at 25,694.60. That level is reinforced by a cluster of swing highs and swing lows dating back to early May, making it an important battleground for buyers and sellers.A decisive break below 25,694.60 would weaken the technical outlook further and could open the door for an extension of the downside momentum. The technical deterioration is occurring alongside a more challenging fundamental backdrop, including rising Treasury yields, higher energy prices, and renewed concerns about inflation. In addition, increasing commodity costs could raise the price tag of the ongoing AI infrastructure buildout, adding another potential headwind for technology companies already facing elevated capital spending requirements.Looking at some of losers today, there are number of companies with declines of over 10% This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["AI","NASDAQ"]},{"id":2089,"title":"Nearly half of workers 55 and older don’t plan on using AI in their jobs. How to make it work for you.","url":"https://www.marketwatch.com/story/nearly-half-of-workers-55-and-older-dont-plan-on-using-ai-in-their-jobs-how-to-make-it-work-for-you-07638c61?mod=mw_rss_topstories","published_at":"2026-06-05T18:41:00Z","summary":"Workers can learn more about applying AI to their jobs even on social-media platforms, such as YouTube and TikTok, one career coach said.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["AI"]},{"id":2058,"title":"Meta is considering raising tens of billion dollars in a stock offering","url":"https://investinglive.com/stocks/meta-is-considering-raising-tens-of-billion-dollars-in-a-stock-offering-20260605/","published_at":"2026-06-05T18:38:51Z","summary":"Coming off the back of Google's record $85 billion equity share sale this week, Meta is now considering raising tens of billions of dollars in the equity markets as it looks to expand its move into AIThe stock has moved from $610 to a new low of the day of $581.58. The price currently trades at $586.56 down $41 or -6.56%. Shares are down -11.04% in 2026 after rising by a modest 12.74% last year (relatively speaking. The NASDAQ rose by 20%).A few additional points:Meta generates enormous cash flow from Facebook, Instagram, WhatsApp, and advertising operations, so it is not relying solely on existing cash balances. The company is in the middle of a massive AI spending cycle, with 2026 capital expenditures projected at $125–145 billion. The Google deal is just one piece of that broader AI infrastructure buildout.As of their most recent quarter (Q1 2026, ending March 31), here's the breakdown:Cash & cash equivalents: $23.4 billionMarketable securities: $57.8 billionTotal cash + securities: $81.18 billion The \"true\" liquid war chest is that combined $81 billion figure, since the marketable securities (mostly short-term bonds and similar instruments) are nearly as accessible as cash.A few other notable numbers from Q1 2026: Meta generated $32.2 billion in operating cash flow and $12.4 billion in free cash flow in the quarter alone, and paid $1.35 billion in dividends. So they're producing cash very rapidly even while spending heavily — management now guides 2026 capital expenditures to $125–145 billion, mostly for AI infrastructure.Fingers crossed it works (this time)Remember the Metaverse?The this time refers to the head first dive into the metaverse pool (remember Meta used to be Facebook?). By all accounting, the metaverse has been a massive failure — but with some interesting wrinkles worth knowing.The spending: Reality Labs, Meta's division for VR and AR, recorded cumulative operating losses of about $83.6 billion from 2020 through 2025. Year by year: 2020 ($6.6B), 2021 ($10.2B), 2022 ($13.7B), 2023 ($16.1B), 2024 ($17.7B), and 2025 ($19.2B) — with losses growing every single year. In Q1 2026 alone, Reality Labs lost another $4 billion while bringing in just $402 million in revenue.The failure of the original vision: In October 2021 Zuckerberg renamed Facebook's parent company to Meta and declared the company would become \"metaverse-first.\" Four and a half years later, Horizon Worlds — the flagship social VR platform at the center of that vision — is effectively over. Despite massive investment, Horizon Worlds struggled with low user engagement and technical issues, and the broader VR market remains niche, with global headset shipments declining in 2024. The pivot that's actually working: This is the nuance. The metaverse bet has quietly morphed into something different. Meta's smart glasses have been a surprise success, and the company seems increasingly focused on AI-powered wearables that blend digital experiences with the real world, rather than immersive VR accessed through bulky headsets. Ray-Ban Meta glasses have reportedly sold millions of units and are considered a genuine hit. The brutal summary: In 2025, Reality Labs generated $2.21 billion in revenue and lost $19.2 billion — but Meta's total 2025 revenue was $200.97 billion, which is why the company could survive this scale of loss without an existential crisis. Zuckerberg was essentially spending the profits from Instagram and Facebook ads to fund a moonshot that didn't land. The core metaverse vision — people living and socializing in virtual worlds through headsets — failed. What's salvageable is the AR glasses hardware, which is now being repositioned as an AI device rather than a metaverse portal.Let's hope his AI plans and massive spend will pay off.Looking at Meta stock price it is still off the lows for the year at $520, but tumbled back below the 200 and 100 hour MAs today at $618 and $613.88. The price is also below the lows of from May around the $594 level. Staying below the $600 level would keep the sellers more in control. Moving back above would still have traders needing to get above the 50% midpoint at $605.89 and the 100 and 200 hour moving averages near $618 and. Absent that and the sellers are still more in control.As Adam wrote earlier this week, all is fine when you use cash to fund your AI goals. When you tap the equity market, it ups the risk profile. Putting it another way, it is the opposite of buying back shares. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["AI","ETH","NASDAQ","AR","VR"]},{"id":2009,"title":"Kraken offers SpaceX IPO access through xStocks","url":"https://cointelegraph.com/news/kraken-offers-spacex-ipo-access-through-xstocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T18:17:50Z","summary":"Eligible users in more than 110 markets can register for tokenized SpaceX equity ahead of the company's highly anticipated public listing.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["IPO"]},{"id":2090,"title":"Will you be audited by Trump’s IRS? New data says there’s one group that can breathe a lot easier.","url":"https://www.marketwatch.com/story/will-you-be-audited-by-trumps-irs-new-data-says-theres-one-group-that-can-breathe-a-lot-easier-43b68411?mod=mw_rss_topstories","published_at":"2026-06-05T18:16:00Z","summary":"A new report out Friday reflects IRS audit activity and other operations at the start of the second Trump presidency.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"MarketWatch Top Stories","tags":["IRS"]},{"id":2010,"title":"Crypto tax in Illinois FY2027 budget is one step away from becoming law","url":"https://cointelegraph.com/news/cryptocurrency-tax-illinois-fy2027-budget-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T18:10:59Z","summary":"The law, part of a budget plan passed by Illinois lawmakers, would put the burden of collecting a 0.2% tax on crypto transactions on a registered broker.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":[]},{"id":1982,"title":"AI exposed a massive flaw in top crypto network and experts warn banks could be next","url":"https://www.coindesk.com/tech/2026/06/05/ai-exposed-a-massive-flaw-in-top-crypto-network-and-experts-warn-banks-could-be-next","published_at":"2026-06-05T18:02:33Z","summary":"After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto and traditional financial systems.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["AI"]},{"id":2059,"title":"Trump: Would like to see lower interest rates","url":"https://investinglive.com/news/trump-would-like-to-see-lower-interest-rates-20260605/","published_at":"2026-06-05T17:55:02Z","summary":"Will leave interest rate decision to WarshWould like to see lower interest ratesSays the country is doing well, market should go upHe would not mind if Warsh were to cut interest rates. Will leave rate cut to Warsh during October meeting. What is curious is his response that will leave rate cut to Warsh but cites the October meeting. He seems to be giving in for the June, July, September meetings.On Iran and oil prices says:Having great success with Iran, and Iran is in no position to have a nuclear weapon.Has about energy prices, says that they have many optionsMore:Meeting scheduled with AI companiesConcept of American public AI partnership it is interesting This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","AI"]},{"id":2047,"title":"Crypto stocks fall as bitcoin drops to lowest level since October","url":"https://www.investing.com/news/cryptocurrency-news/crypto-stocks-fall-as-bitcoin-drops-to-lowest-level-since-october-93CH-4728998","published_at":"2026-06-05T17:48:31Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":[]},{"id":2060,"title":"Baker Hughes oil rig count up 2 to 431","url":"https://investinglive.com/news/baker-hughes-oil-rig-count-up-2-to-431-20260605/","published_at":"2026-06-05T17:29:52Z","summary":"The Baker Hughes rig count for the current week shows oil im inventories up 2 to 431 . Natural Gas inventories are down -1 to 124 and Total rigs are up 1 to 563.The decline in rigs has been hard since the peak above 1000 rigs back in early 2019. What is the stories behind the declines?2018 boom: The rig count averaged over 1,400 historically, but the modern shale era has been far more efficient. The period started strong with rigs climbing to a cycle peak of 1,083 in November 2018 as oil prices were high and shale was in full swing.2019 slide: Even before COVID, the count was already retreating — oil prices softened and investors pushed E&P companies toward capital discipline over growth, pulling the count down to around 800 by late 2019.2020 COVID crash: The most dramatic event on the chart. The pandemic and the Saudi-Russia price war simultaneously crushed demand and flooded supply. The rig count collapsed from ~800 to just 244 by August 2020 — an all-time record low in the modern era.2021–2022 recovery: A strong, steady climb through Biden's term as oil prices surged (partly due to the Ukraine war), peaking at around 784 in December 2022.2023–2025 slow bleed: Despite high oil prices at times, the count drifted downward as efficiency improvements meant fewer rigs were needed to hold production flat, and capital discipline remained the industry mantra. As of mid-May 2026, the total U.S. rig count stood at 551. The most recent reading from May 29 shows 562 — a slight uptick, possibly reflecting the Hormuz crisis incentivizing more domestic drilling. The key takeaway: the U.S. now produces more oil than ever with far fewer rigs, a testament to how much more efficient horizontal drilling and completion technology has become. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","COVID"]},{"id":2011,"title":"Crypto Biz: Nobody told Saylor ‘never sell’","url":"https://cointelegraph.com/news/strategy-bitcoin-sale-clarity-act-jpmorgan-capital-b-fundraising?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T17:04:07Z","summary":"Strategy’s Bitcoin sale challenged the “never sell” narrative, while JPMorgan attacked CLARITY and Capital B pursued a huge fundraising plan for BTC.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["BTC"]},{"id":2061,"title":"Gold is sinking with the US dollar rising and yields moving higher","url":"https://investinglive.com/technical-analysis/gold-is-sinking-with-the-us-dollar-rising-and-yields-moving-higher-20260605/","published_at":"2026-06-05T16:59:17Z","summary":"Gold is under heavy selling pressure, falling $143, or 3.2%, to $4,333. The sharp decline has pushed the price below its 200-hour moving average for the first time since October 2023, a development that shifts the near-term technical bias more firmly in favor of the sellers.The move lower also broke below the 50% retracement of the rally from the May 15 consolidation low at $4,359.86. While it is important to note that the 200-hour moving average has steadily risen along with gold's longer-term uptrend—sitting near $1,900 back in October 2023—the significance lies in the fact that the level had consistently acted as support during recent pullbacks. Most notably, buyers leaned against the moving average on March 25 and again on May 27 before launching fresh advances.Gold reached a record high of $5,598.75 on January 28. Since then, the metal has declined 22.95%, highlighting the extent of the current correction. Despite today's weakness, the March low at $4,067 remains an important downside target and a key barometer for sellers. Traders will also be watching the 61.8% retracement of the advance from the May 15 low, which represents another significant support level and could become the next battleground between buyers and sellers.With both the 200-hour moving average and the 50% retracement level now broken, sellers have seized near-term control. It would take a move back above those levels to ease the downside pressure and improve the technical outlook.Silver is also sharply lower by 6.54% with a decline of -$4.81 but remains above its 200 hour MA at $66.852. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["US","GOLD","MA"]},{"id":2012,"title":"Here’s what happened in crypto today","url":"https://cointelegraph.com/news/what-happened-in-crypto-today?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T16:55:50Z","summary":"Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":[]},{"id":1983,"title":"BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE","url":"https://www.coindesk.com/business/2026/06/05/blackrock-backed-tokenization-firm-securitize-clears-key-hurdle-to-go-public-on-nyse","published_at":"2026-06-05T16:46:28Z","summary":"The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["SEC","NYSE","BUIDL"]},{"id":2013,"title":"Pump.fun bounty platform pays users to tattoo tokens and chase viral stunts","url":"https://cointelegraph.com/news/pumpfun-bounty-platforms-funds-memecoin-tattoos-world-cup-skydives?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T16:44:44Z","summary":"Pump.fun launched a new bounty platform where users started funding bizarre memecoin marketing stunts, including forehead tattoos, skydiving as a mascot and setting a vehicle on fire.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":[]},{"id":2062,"title":"EURUSD continues the tumble lower","url":"https://investinglive.com/technical-analysis/eurusd-continues-the-tumble-lower-20260605/","published_at":"2026-06-05T16:44:12Z","summary":"The EURUSD continues to slide lower after breaking below a key support zone between 1.15768 and 1.15872. That floor had held firm since May 20, with the pair finding support within the area on four separate trading days between May 20 and May 28. The decisive break below that zone shifted the technical bias more firmly in favor of the sellers.The move lower began earlier today when the pair broke beneath several important technical levels in quick succession, including the 200-hour moving average at 1.1628, the 100-hour moving average at 1.1620, and an upward-sloping trendline near 1.1600. Those breaks opened the door for increased downside momentum.Looking lower, the next key target comes in at the April 6 low of 1.15046. A move below that level would have traders focusing on the 1.1450 area, with the 2026 low at 1.14089 representing a more significant downside objective.Fundamentally, the move is being fueled by a sharp rise in U.S. Treasury yields following the stronger-than-expected U.S. jobs report. The 10-year yield is up 6.3 basis points, while the 2-year yield has surged 11.7 basis points, helping to underpin the U.S. dollar. The employment data has also added a new layer of intrigue ahead of Fed Chair Kevin Warsh's first FOMC meeting on June 16-17. Recall that three policymakers dissented at the last meeting, favoring the removal of the easing bias. With labor market strength persisting and higher oil prices beginning to influence inflation expectations, the debate may increasingly shift toward whether policy should move to neutral—or even hint at a more hawkish stance—rather than maintain an easing bias. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","ETH","EUR","USD","EURUSD","FED","FOMC"]},{"id":2063,"title":"Traders push bitcoin to the lowest level going back to October 2024. Stocks reach new lows","url":"https://investinglive.com/Cryptocurrency/traders-push-bitcoin-to-the-lowest-level-going-back-to-october-2024-stocks-reach-new-lows-20260605/","published_at":"2026-06-05T16:22:47Z","summary":"Bitcoin fell below the $60,000 level for the first time since early February, extending to a low of $59,743 and reaching its weakest level since October 2024. The break lower increased bearish momentum, but buyers stepped in near the lows, helping to push the price back above the $60,000 threshold. Bitcoin is currently trading around $60,834.The rebound is encouraging for buyers, but the technical damage from the move to a new multi-month low remains. On the topside, the next key resistance area comes in near $65,000, a level that served as an important swing low on March 28. A move back above that area would be needed to improve the broader technical outlook and give buyers more control in the short term.On a side note, Michael Saylor company Strategy (formerly Microstrategy) which is a equity proxy for bitcoin, is testing a support area between $116.49 and $101.39. The low price today has reached $115.87. It is currently trading at $118.53 down -8.4% on the day.Moving into the lower floor area and below it would make the technical picture even more bearish. On the top side it would take a move back above the 100 hour moving average at $148.50. Absent that, and the sellers are still in more control.Meanwhile stocks continue to sink despite the fall in oil prices. The NASDAQ index is now down -2.66%. The S&P index is down -1.64%.For the NASDAQ, is looking to test a key support cluster support on the hourly chart near the 26,048 area. That level corresponds with the 200 hour moving average, the 38.2% retracement of the move up from the April 22/23 lows, and a swing level. Moving below that level would have traders next targeting the 50% midpoint and swing level near 25,694.60. The low price today has reached 26,103.91 which is still shy of the aforementioned level near 26,048. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","NASDAQ"]},{"id":2064,"title":"CNN: Iran-US talks reportedly deadlocked","url":"https://investinglive.com/news/cnn-iran-us-talks-reportedly-deadlocked-20260605/","published_at":"2026-06-05T16:13:58Z","summary":"CNN is reporting:Iran says negotiations with the U.S. have stalled, with senior adviser Mohsen Rezaei claiming President Trump must act to break the impasse. Iran is demanding the release of $24 billion in frozen assets as part of any agreement: $12 billion upon signing an interim deal. Another $12 billion at a later stage. Iran views the asset release as a trust-building test, arguing that unlocking the funds would demonstrate U.S. commitment to a lasting agreement. U.S. officials reportedly oppose releasing the funds at this stage, concerned that doing so would reduce a key source of leverage over Iran. Rezaei warned against a return to military conflict, stating that if fighting resumes, Iran could expand operations beyond the Persian Gulf. Potential areas of escalation mentioned by Iran include: Strait of Hormuz Indian Ocean Bab al-Mandab Strait Red Sea Mediterranean Sea Iran threatened broader attacks on U.S. military assets if another conflict breaks out. Rezaei ruled out a meeting between President Trump and Supreme Leader Ayatollah Khamenei, saying the negotiations are currently in an early stage and have reached a standstill. Market Implications The comments suggest peace negotiations remain fragile, reducing the likelihood of a near-term breakthrough. Any signs of renewed tensions could support higher oil prices due to concerns over disruptions to shipping routes and energy supplies in the Middle East. Traders will likely watch for any U.S. response regarding the frozen assets issue, which now appears to be a central sticking point in the negotiationsThe current price of crude oil is trading at $90.75. That is down $-2.32 on the day. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","US","PPI","CNN"]},{"id":2014,"title":"Saylor says Bitcoin needs ‘disciplined expansion’ as analysts weigh demand reset","url":"https://cointelegraph.com/news/saylor-bitcoin-disciplined-expansion-demand-reset?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T16:09:40Z","summary":"Michael Saylor’s essay calls for Bitcoin to expand through banks, credit, securities and higher layers while preserving its base layer.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":[]},{"id":2065,"title":"Putin: It would be efficient for US to use Russia's LNG technologies in Alaska","url":"https://investinglive.com/news/putin-it-would-be-efficient-for-us-to-use-russias-lng-technologies-in-alaska-20260605/","published_at":"2026-06-05T16:04:07Z","summary":"Putin is back saying: it will be official for United States use Russia's LNG technologies in AlaskaOn benefits for Russia from war in Iran: market stability is important.Oil supply decline rattles markets, we are there in OPEC plus to balance the market.We are grateful to Saudi Arabia for cooperation on global oil marketThe price of crude oil is down $-2.30 or -2.47% at $90.73.. The move to the downside is now taken the price below the 200 hour moving average at $91.87. The low prices today reached $90.47. The high today reached $93.63.The United States maintains sanctions on Russian oil, but the sanctions are not a complete global ban on Russian oil exports.Key points: The U.S. banned imports of Russian crude oil, petroleum products, LNG, and coal into the United States in 2022. The U.S. and its G7 partners also created a price-cap system that allows Russian oil to be sold to third countries only under certain conditions when Western shipping, insurance, or financial services are used. The U.S. has sanctioned numerous Russian energy companies, tankers, traders, and entities involved in what is often called Russia's \"shadow fleet\" used to move oil outside Western oversight. During 2026, the U.S. has temporarily adjusted or waived some oil-related restrictions at times to address global supply concerns stemming from disruptions in the Middle East and Iran-related conflicts. Those waivers have been extended, allowed to lapse, and re-extended at different points, reflecting a balance between sanctioning Russia and avoiding an oil-price shock. For markets, the important takeaway is that Russian oil is still flowing to major buyers such as India and China, but under a web of sanctions, price-cap rules, and enforcement actions that aim to reduce Russia's oil revenue rather than completely remove Russian barrels from the global market. This is why oil traders watch Russian sanctions closely: tighter enforcement can reduce available supply and push prices higher, while waivers or relaxed enforcement can increase supply and ease upward pressure on crude prices. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","US","LNG","PPI","OPEC"]},{"id":1984,"title":"Memecoins dogecoin, shiba inu dive 9% as bitcoin nears $60,000","url":"https://www.coindesk.com/markets/2026/06/05/memecoins-dogecoin-shiba-inu-dive-9-as-bitcoin-nears-usd60-000","published_at":"2026-06-05T16:01:00Z","summary":"Dogecoin and Shiba Inu led losses among major tokens as heavy volume and liquidations overwhelmed support levels, extending a broader risk-off move across crypto markets.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":[]},{"id":2066,"title":"Energy Sec Wright: We will refill the SPR by 40M barrels after Iran conflict is over","url":"https://investinglive.com/news/energy-sec-wright-we-will-refill-the-spr-by-40m-barrels-after-iran-conflict-is-over-20260605/","published_at":"2026-06-05T15:50:22Z","summary":"US Energy Secretary Wright is saying that the US will add 40M barrels after the Iran conflict is over. Here's the full picture:Current level: As of the week ending May 29, 2026, the SPR recorded a release of 8 million barrels, bringing the total down to 357.1 million barrels — the lowest level since January 2024. Trump came into office with the SPR at around 392 million barrels and promptly pledged to fill it back up. In his January 2025 inaugural address, Trump indicated his administration intended to fill the SPR to capacity, and a February 2025 DOE Secretarial Order listed \"Refill the Strategic Petroleum Reserve\" as a department-level priority.For much of 2025, that refill actually happened — the SPR steadily climbed to around 411–415 million barrels by early 2026. But then the door closed with the Iran War start on February 28. The U.S. is in the process of releasing 172 million barrels from the SPR as part of a coordinated effort with the International Energy Agency (IEA) to release 400 million barrels of crude oil and refined products globally to address oil supply disruptions stemming from conflict in the Middle EastThe reserve posted back-to-back record drawdowns in mid-May, with 9.92 million barrels released in the week ending May 15 and 8.6 million the week before — bringing the stockpile to 365.1 million barrels at that point. At 365M (now 357M), the reserve sits at roughly half of its all-time high of 726.6 million barrels. Looking further back in timeThe longer view tells a much richer story:Trump's first term (2017–2021): The SPR started around 660 million barrels and slowly drifted down through congressionally mandated sales, ending at about 638M when Biden took over — a gradual, managed decline.Biden era (2021–2025): The massive story. Starting in early 2022, the Biden administration released an unprecedented amount of oil — first in response to Russia's Ukraine invasion, then as a broader energy price management tool. The SPR plummeted from ~638M to a 40-year low of roughly 347M barrels by late 2022, shedding nearly 300 million barrels in under two years. A slow refill then brought it back to ~392M by the time Biden left.Trump's second term (2025–present): Came in promising to refill to capacity, and the SPR did tick up to about 415M by early 2026. Then the Strait of Hormuz crisis hit — a coordinated IEA emergency release has driven it back down to ~357M, erasing all the refill progress and then some.The big takeaway: the Biden drawdown of 2022 was historically enormous by any measure, and while Trump's refill made a dent, the new 2026 crisis means the SPR is now heading in the wrong direction again.The bottom line: Trump promised to fill the SPR; it did rise modestly through 2025, but still not to levels that had existed in the past. With the price near $60 before the start of the conflict, the opportunity was there, but missed. The Strait of Hormuz crisis at the end of February triggered an emergency IEA-coordinated release that has now more than erased those gains, putting the reserve well below where it was on Inauguration Day. Pres. Trump would love to fill the SPR up as it was another campaign promice andcriticism of the Biden administration who depleted reserves due to the Russia/Ukraine war, but with AAA gas price at $4.22 currently (down from $4.55 or so, it is still too expensive. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","ETH","US","SPR","IEA","AAA","DOE"]},{"id":2048,"title":"EOS Falls 11% In Rout","url":"https://www.investing.com/news/cryptocurrency-news/eos-falls-11-in-rout-4728889","published_at":"2026-06-05T15:50:00Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":["EOS"]},{"id":1985,"title":"U.S. House tax committee weighs crypto bills, including relief for small transactions","url":"https://www.coindesk.com/policy/2026/06/05/u-s-house-tax-committee-weighs-crypto-bills-including-relief-for-small-transactions","published_at":"2026-06-05T15:49:13Z","summary":"Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":[]},{"id":2015,"title":"Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K","url":"https://cointelegraph.com/markets/bitcoin-approaches-60k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T15:43:14Z","summary":"Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["BTC"]},{"id":2067,"title":"Trump cheers Jobs report. Bond yields rising/ stock sliding send warnings","url":"https://investinglive.com/news/trump-cheers-jobs-report-bonds-stock-slide-send-warnings-20260605/","published_at":"2026-06-05T15:20:26Z","summary":"The stronger-than-expected U.S. jobs report has created an interesting tug-of-war between the White House, the market, and the Federal Reserve. President Trump wasted little time weighing in, arguing on Truth Social that a \"great Jobs Report\" should be bullish for stocks, not bearish, emphasizing that economic growth does not automatically translate into inflation. White House NEC Director Kevin Hassett echoed that sentiment, saying the jobs data is not foreshadowing higher inflation and that oil market disruptions are unlikely to materially impact core inflation. Hassett also argued that strong supply-side growth can help prevent runaway price pressures and suggested the Fed has room to be patient, even going so far as to say policymakers have been behind the curve and have had ample room to cut rates.The market, however, viewed the data differently. Treasury yields surged following the report, with traders focusing on the risk that a resilient labor market and sticky inflation could keep rates elevated for longer. The two year yield up 10 basis points at 4.151%, and the 10 year up six basis points at 4.537%.fffThat repricing weighed on equities, with the brunt of the impact being felt by the NASDAQ index which is down 2% currently at 26294.95. Its price is now running away from its 100 hour moving average at 26569. The price is currently at 26292. The S&P is testing its 100 hour MA at 7502.51. A move below with momentum would be more bearish. That leaves newly appointed Fed Chair Kevin Warsh facing an early test. On one side are White House officials arguing that growth is not inflationary and that the Fed should have flexibility to ease policy. On the other side are bond traders who responded to the employment data by pushing yields sharply higher, signaling concerns that inflation pressures may not fade as quickly as hoped. Complicating matters further, the Fed enters its blackout period at the close today ahead of the upcoming FOMC meeting, meaning policymakers will not be able to publicly shape expectations. As a result, markets will be left to interpret the incoming data on their own. Notably, investors have heard very little from Warsh since he became Fed Chair, leaving uncertainty about how he will balance the competing forces of solid growth, stubborn inflation, rising yields, and mounting political pressure. The next FOMC decision may provide the first real insight into the policy framework of the new Fed Chair. PS Fed comments are not supportive of the Presidents or the NEC's Hassett. PSS. Although Warsh wants to please the President for giving him the dream position of Fed Chair, he is also pragmatic enough to not mess around with the rate anytime soon. However, what he eventually has to say, will be dissected as to how dovish or hawkish he is. The Punt is to agree with the other Fed officials and just take the leadership role The game plan might be to eventually cut, but it might take a defense alighment that shows oil down sharply, inflation falling, inflation expectations weakening. Whether they ignore the job market because of the shift from demographics, immigration policy, greater productivity influencing - and that it is more about inflation and not about managing a slow down in the economy. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["OIL","ETH","NASDAQ","FED","FOMC","MA","PS","NEC","PSS"]},{"id":1986,"title":"Alsobrooks says Clarity Act needs ethics deal before Senate vote","url":"https://www.coindesk.com/coindesk-news/2026/06/05/alsobrooks-says-clarity-act-needs-ethics-deal-before-senate-vote","published_at":"2026-06-05T15:05:55Z","summary":"The Maryland Democrat says bipartisan crypto legislation is close, but ethics and illicit finance concerns remain unresolved.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["ETH"]},{"id":2049,"title":"Ethereum Falls 10% In Bearish Trade","url":"https://www.investing.com/news/cryptocurrency-news/ethereum-falls-10-in-bearish-trade-4728829","published_at":"2026-06-05T15:03:01Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":["ETH"]},{"id":1987,"title":"Bitcoin loses $60,000, falls to weakest price since October 2024","url":"https://www.coindesk.com/markets/2026/06/05/bitcoin-loses-usd60-000-falls-to-weakest-price-since-october-2024","published_at":"2026-06-05T15:02:28Z","summary":"Several headwinds converged over bitcoin recently as its largest buyer turned seller, ETF investors headed for the exits, and rate-hike fears rose.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["ETF"]},{"id":2068,"title":"USDCHF breaking higher the price is breaking away from recent swing highs","url":"https://investinglive.com/technical-analysis/usdchf-breaking-higher-the-price-is-breaking-away-from-recent-swing-highs-20260605/","published_at":"2026-06-05T14:56:30Z","summary":"The USDCHF is breaking higher and gaining upside momentum as it pushes above a key resistance zone defined by the late-April and late-May swing highs between 0.7923 and 0.7926. The pair has also moved above the 61.8% retracement of the decline from the March 31 high to the May 8 low, which comes in at 0.79345. That combination of technical breaks gives buyers greater control in the near term.With the breakout now underway, the former resistance area between 0.7923 and 0.7935 becomes an important support zone. As long as the price remains above that area, buyers maintain the advantage and can continue to target higher levels.On the topside, the next key objective comes in between 0.7956 and 0.7961, an area that served as an important swing zone during March and April. A sustained move above that level would open the door for a run toward the 0.8000 psychological level, which is likely to attract increased attention from traders. Just above that sits another notable swing target near 0.8018, followed by the 2026 high at 0.80417.Looking at the broader chart, the sharp decline seen on April 7 and 8 left relatively little resistance overhead, giving the pair room to extend higher if bullish momentum remains intact. For now, the technical bias remains tilted to the upside, with buyers focused on holding above the breakout area and pressing toward the next resistance targets.Fundamentally, the move higher in USDCHF is being supported by a stronger U.S. dollar following the better-than-expected U.S. employment report. The jobs data pushed Treasury yields sharply higher, with the 2-year yield rising 10.8 basis points to 4.157% and the 10-year yield climbing 7 basis points to 4.547%. Higher yields are helping to boost demand for the dollar, adding a supportive fundamental backdrop to the pair's bullish technical breakout. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["USD","USDCHF"]},{"id":1988,"title":"XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows","url":"https://www.coindesk.com/markets/2026/06/05/xrp-falls-toward-usd1-10-as-liquidation-driven-selloff-pushes-token-to-multi-month-lows","published_at":"2026-06-05T14:53:06Z","summary":"XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinDesk","tags":["ETH","XRP"]},{"id":2069,"title":"Tech meltdown deepens while consumer defensive stocks shine bright","url":"https://investinglive.com/stock-market-update/tech-meltdown-deepens-while-consumer-defensive-stocks-shine-bright-20260605/","published_at":"2026-06-05T14:46:13Z","summary":"Sector OverviewThe US stock market today presents a mixed tableau of performances across various sectors. The technology sector, particularly semiconductors, is under significant pressure, with major players like Nvidia (NVDA) plunging by 3.25% and Advanced Micro Devices (AMD) falling 6.27%. In contrast, the consumer defensive sector is showcasing resilience, with Walmart (WMT) and Costco (COST) rising by 2.39% and 2.13%, respectively, indicating investor migration towards safer assets amidst market uncertainty.Market Mood and TrendsInvestor sentiment is currently clouded by concerns within the tech industry, spearheaded by the sharp declines in semiconductors. This points to broader concerns over supply chain disruptions and potential regulation impacts. Conversely, consumer defensive equities appear robust, possibly buoyed by rising consumer demand for essential goods.Big Winners and LosersWinners:Lilly (LLY) emerges as a healthcare standout with a 2.89% increase, alongside consumer giants Walmart (WMT) and Procter & Gamble (PG), which grew 2.39% and 2.47%, respectively. These gains underscore investor preference for stability in essential goods.Losers:Broadcom (AVGO) decreased by 4.61%, illustrating continued tech sector weakness. Oracle (ORCL) also dipped 6.20%, hinting at broader concerns within software infrastructure industries.Strategic RecommendationsInvestors should consider increasing their holdings in consumer defensive stocks, which continue to show stable performance amidst broader market volatility. Monitoring tech sector developments remains crucial, especially for long-term strategies. Portfolio diversification, encompassing both stable and growth-oriented investments, will be vital for navigating possible future downturns. Consider visiting InvestingLive.com for more in-depth analyses and real-time updates. 🚀📊 This article was written by Itai Levitan at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["US","NVDA","ORCL","PG","AMD","AVGO","WMT","LLY","COST"]},{"id":2016,"title":"Visa tests private stablecoin settlement with Brale, Canton","url":"https://cointelegraph.com/news/visa-tests-private-stablecoin-settlement-as-institutions-push-blockchain-privacy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound","published_at":"2026-06-05T14:45:55Z","summary":"Visa is testing private stablecoin settlement on Canton with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"CoinTelegraph","tags":["ETH"]},{"id":2070,"title":"Fed's Hammack: Today's jobs report reaffirms that the jobs market is roughly in balance","url":"https://investinglive.com/centralbank/feds-hammack-todays-jobs-report-reaffirms-that-the-jobs-market-is-roughly-in-balance-20260605/","published_at":"2026-06-05T14:29:01Z","summary":"The Fed's Hammack is a hawk so her highlighting today's jobs report isn't a big surprise but it's notable as a sign of which way the wind is blowing on Fed policy.She wrote:The Federal Reserve’s inflation objective is 2 percent.That number isn’t just theoretical; price stability is a foundation for businesses, consumers, and investors to make sound economic decisions. It’s key to economic growth and maximum employment in the longer run. While I never make too much of any one data point, today's jobs report reaffirms that the labor market appears to be roughly in balance. The unemployment rate remaining stable at 4.3 percent is right around my definition of full employment.By contrast, inflation is telling a different story. It’s high, moving higher, and I believe persistently high inflation is the bigger concern. When I'm out in the District, I'm starting to hear from people that they don't think things are going to get better any time soon. It would be a bad development if consumers, businesses, and financial markets begin to expect higher inflation in the future. Such a shift in expectations would warrant decisive action.For today, it’s reasonable to keep rates steady given the uncertainties around the economic outlook. But if recent trends continue, it may soon be appropriate to act. The thing is, it wasn't just one data point as revisions also make the March and April jobs prints materially better. This is a picture of an improving jobs market, not just 'in balance'.The question given her comments is how soon is \"it may soon be appropriate to act\"? The market is now weighing a September rate hike, which is 44% priced in. That's a big jump from pre-NFP levels. A December hike is now fully priced in as well. In the rates market, US 2-year yields moved up 9.8 bps to 4.15% today. This article was written by Adam Button at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["US","FED","NFP"]},{"id":2050,"title":"Greece reportedly plans 15% capital gains tax on cryptocurrencies","url":"https://www.investing.com/news/cryptocurrency-news/greece-reportedly-plans-15-capital-gains-tax-on-cryptocurrencies-93CH-4728777","published_at":"2026-06-05T14:21:56Z","summary":null,"ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"Investing.com (Crypto)","tags":[]},{"id":2071,"title":"Bitcoin nears the lows of the year and the technical picture is ugly if $60,000 breaks","url":"https://investinglive.com/Cryptocurrency/bitcoin-nears-the-lows-of-the-year-and-the-technical-picture-is-ugly-if-60000-breaks-20260605/","published_at":"2026-06-05T14:15:10Z","summary":"Bitcoin is threatening to touch the lowest levels since Donald Trump's November 2024 election.It's down 4.5% to $60,732 today and is threatening the February spike low.A break of $60,000 would be the first time below it since September 2024.Despite everything Trump has done for crypto, bitcoin is now down 12% from the day before the 2024 election. It's also flat compared to the November 2021 peak. It's also down 53% from the October 2025 record high of $128K.I wrote earlier this week about how bitcoin has lost its cool. Last week alone there were approximately $1.67 billion of crypto fund outflows, the second-worst week of 2026, Bitcoin funds did a record ~$1.44 billion of that and that was despite a good week in risk assets overall.I wrote:The main problem from a price-action perspective is that bitcoin isn't participating in one of the greatest bull markets of all time. So what will happen when the tide goes out on stocks and AI? We're getting a taste of that today.The money that used to flow into crypto is now flowing into AI investments. It's a simple matter of money chasing returns. The AI names have made incredible gains in the past year while bitcoin has slumped badly.Today, it's even worse down the stack with ethereum down 8.7%.Crypto was further hurt this week by the US Treasury bragging that it had confiscated $1 billion in Iranian crypto. It's not clear what that was or how it was stored but it's a reminder that one of the main use cases of crypto -- avoiding governments -- isn't exactly working out.Eyes are also on Michael Saylor at Strategy who was forced to sell some bitcoin this week to meet preferred share redemptions. He holds $64 billion in bitcoin at an average price of $75,700. At $60,7000, he's down nearly 20% or a loss of $12.6 billion.In terms of technicals, bitcoin needs to make a stand at $60,000 because if we see a 5-handle, some of the old, strong hands in bitcoin could begin to reconsider. There is a huge (though messy) head-and-shoulders pattern on the chart. This article was written by Adam Button at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["AI","ETH","US"]},{"id":2072,"title":"Broader stock indices diverge: NASDAQ slides below moving average while S&P tries to hold","url":"https://investinglive.com/technical-analysis/broader-stock-indices-diverge-nasdaq-slides-below-moving-average-while-sp-tries-to-hold-20260605/","published_at":"2026-06-05T14:07:21Z","summary":"I want With the stronger-than-expected U.S. jobs report pushing Treasury yields sharply higher, the major U.S. stock indices are under pressure, with the NASDAQ leading the decline. The employment report showed nonfarm payrolls rising by 172K versus 85K expected, while upward revisions added a net 93K jobs to the prior two months. The unemployment rate held steady at 4.3%, and wage growth matched expectations at 0.3% month-over-month and 3.4% year-over-year. The data reinforced the view that the labor market remains resilient and reduced expectations for near-term Fed rate cuts.The bond market reacted swiftly. The 2-year Treasury yield is up about 10 basis points to 4.15%, while the 10-year yield has climbed 6.7 basis points to 4.542%. Rising yields are creating a headwind for equities, particularly the growth-oriented technology sector, helping to explain the NASDAQ's underperformance.From a technical perspective, however, the picture is somewhat mixed. The S&P 500 is attempting to hold support against its 100-hour moving average, keeping buyers in the game for now. In contrast, the NASDAQ gapped below its 100-hour moving average following the jobs report and has continued to extend lower, giving sellers more control in that index.That divergence creates a dilemma for equity traders. The fundamental backdrop of stronger growth and higher yields is weighing on stocks, but key technical support levels have not yet broken across the board. As a result, traders will continue to focus on the major moving averages as both risk-defining and bias-defining levels in the major indices. Whether those supports hold or give way should provide important clues for the direction of the market into the close and in the trading days ahead..The video above outlines the traders dilemma and also the key levels in play for both the S&P and NASDAQ indices. This article was written by Greg Michalowski at investinglive.com.","ai_summary":null,"ai_effect":null,"ai_impact_level":null,"ai_usd_effect":null,"ai_gold_effect":null,"source":"ForexLive","tags":["ETH","NASDAQ","FED"]}],"sources":["CoinDesk","CoinTelegraph","ForexLive","Investing.com (Crypto)","Investing.com (News)","MarketWatch Top Stories"]}