Finance

The Dow Jones Industrial Average dropped more than 340 points, or 0.66%, while both the S&P 500 and the Nasdaq Composite shed roughly 0.22%. The broad-market declines snapped multi-day winning streaks, triggered in part by heavy losses from blue-chip names like Caterpillar.

Digital assets experienced a sharp retreat, forcing Bitcoin down toward the $83,000 mark after trading as high as $86,700. The rapid correction triggered more than $550 million in total crypto liquidations over a 24-hour window, with bullish traders sustaining the vast majority of the losses.

Oil prices pushed upward following renewed Houthi attacks on Saudi Arabian infrastructure, threatening international crude flows. Brent crude climbed back above $101 per barrel, as energy markets continue to balance stabilizing physical supplies against persistent geopolitical risks.