World6 sources

Nasdaq Drops Sharply Amid Inflation Concerns, Space Startups Raise Record Funds

  • Nasdaq ended sharply lower due to hot inflation data causing rate-hike worries.
  • Space startups secured a record $20.8 billion in funding as infrastructure bets surged.
  • The 10-year Treasury note yield fell on Wednesday as traders awaited more economic data.
  • Bitcoin fell back to $82,000 after inflation rose more than forecast.
  • China bought 8-10 US soybean cargoes in the first deals since the Trump-Xi summit.
Nasdaq Drops Sharply Amid Inflation Concerns, Space Startups Raise Record Funds | Split Angle