Stock Market Recovers, Crypto Falls; Trump Preps Tariff Cuts

US stocks rebounded from earlier losses, with the Nasdaq closing up, after a significant sell-off on Wall Street. The Dow Jones Industrial Average dipped, while both the S&P five hundred and the Nasdaq Composite recovered. Tech stocks like Tesla and Nvidia rebounded, while Bitcoin fell below ninety-six thousand dollars, marking a twenty percent drop from its peak. Investors await more economic data, including the Federal Reserves next rate decision in December, as President Trump prepares to cut tariffs to reduce high food costs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.