U.S. stocks closed lower on Thursday, with the Nasdaq experiencing a decline of over 2%. The downturn in tech-heavy indices reflects ongoing market volatility. Bitcoin also faced a setback, dipping to $86,100 at one point during the trading session. Investors reacted to various economic signals contributing to the overall market sentiment. Concerns about inflation and interest rates continue to weigh heavily on stock performance, particularly in technology sectors. As market participants analyze trends, the fluctuations in cryptocurrencies like Bitcoin add another layer of complexity to investment strategies.
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