New York Wrap: Cardano leads as crude slides
US stocks closed firmer β S&P 500 +0.58%, Nasdaq 100 +0.64% β as Cardano led crypto gainers while crude oil slid over 1.5% into the New York close.
US stocks closed firmer β S&P 500 +0.58%, Nasdaq 100 +0.64% β as Cardano led crypto gainers while crude oil slid over 1.5% into the New York close.
Oil fell nearly 2% as European equities split β IBEX +1.03%, CAC -0.84% β while crypto stretched to extremes: Cardano +3.51%, Stellar -3.61%.
Brent jumped 4.12% and WTI 3.2% to lead the session, while the IBEX, CAC and FTSE all fell more than 1% and Bitcoin held above 84,500.
Crude cracked nearly 4% into the New York close while gold, silver and palladium firmed and the dollar edged higher across the majors.
Gold rose 1.3% and silver firmed as crude sank over 4% and Europe's bourses slipped, with the IBEX off 1.21% and crypto leading the losers.

USOil trades at 88.06, down 4.03% on the session, holding above its 50- and 200-day averages but 26.3% below its 52-week high.
Gold leads at $4,180.99, up 1.3%, as U.S. crude sinks 4% and the dollar firms against the majors. Bitcoin holds $83,375 while the alt tail slides.
Crude led the losses as Brent and WTI slid, while the Nikkei, Wall Street and the Japanese yen firmed and precious metals bounced.

UKOil trades at 97.41, off 3.23% on the day, 1.8% under its 20-day but 5.8% above the 200-day. RSI is neutral at 51.1 and the weekly trend stays up.
Litecoin surged 16% to lead a broad crypto rally into the London close, while crude climbed over 2% and European equities edged higher.
Crude oil jumped over 3% while Polkadot, Uniswap and Dogecoin led a crypto sell-off and platinum, silver and gold retreated as the dollar firmed.
Crude led London's session with UKOil up 3.72% and USOil 3.40%, while Polkadot fell 10% and platinum, silver and gold slid amid a firmer dollar.