Wall Street closed lower on a tech-heavy session, with the Nasdaq 100 down 1.85% to 28,042.88 β the day’s clear weak spot. The S&P 500 slipped 0.8% and the Dow was near flat at -0.1%.
That stood in contrast to Europe, where every major benchmark finished higher.
Indices
The divergence was the story of the day. The Hang Seng led gainers at +1.13%, with the IBEX 35 up 0.98%, the CAC 40 +0.82% and the Euro Stoxx 50 +0.7%. The DAX added 0.5% and the FTSE 100 held flat.
Japan was the exception overseas: the Nikkei 225 dropped 2.3% and is now down 5.25% on the week, even after a 32% year-to-date gain.
On the week, the Nasdaq is off 3.74% while European indices carry gains of 1.6% to 3.2%.
Crypto
Digital assets were broadly red. Tezos led the declines at -7.2%, with Uniswap down 4.74%, Cardano -4.53%, Polkadot -4.36% and Polygon -3.99%.
The majors held up better: Bitcoin eased 0.84% to 64,776 and Ethereum was off just 0.49%, keeping it 8.07% higher on the month.
Commodities and Metals
Crude retreated hard. US oil fell 2.95% to 81.10 and Brent lost 2.55% to 84.94, though both remain up roughly 17% over the past month.
Silver dropped 2.05% to 58.41, while gold slipped 0.42% to 4,076.88. Palladium bucked the trend, rising 1.04%, and platinum added 0.4%.
In FX, the dollar firmed modestly, with sterling the notable laggard at -0.46% against the greenback.
Into the Asian handover, the split between soft US tech and firmer European and Hong Kong equities remains the session’s defining line.
