US stocks end lower ahead of Powell, jobs data; bitcoin surges


A street sign for Wall Street hangs in front of the New York Stock Exchange

NEW YORK: Wall Street stocks closed lower on Monday, backing away from record highs, while U.S. Treasury yields ticked higher as investors looked ahead to key jobs data and Federal Reserve Chair Jerome Powell's congressional testimony later in the week.

Bitcoin was being closely watched as the cryptocurrency inched closer to its first record high since November 2021.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Wall Street , equities , Dow Jones , S&P500 , Nasdaq

Next In Business News

Bank Rakyat declares 18% dividend, totalling RM534.7mil for FY25
Asian stocks climb to pre Iran war levels on de escalation hopes
CIMB, DBKL partner to empower MSMEs, boost KL economic activity
Singapore dollar to outperform peers as yuan link deepens
PETRONAS to supply excess fuel to Australia as leaders vow closer energy ties
China records 5% GDP growth in 1Q26
TSMC Q1 profit jumps 58% to record, beats expectations
Oil little changed on scepticism US-Iran peace talks will ease Hormuz disruption
PMB Investment declares 2.39 sen distribution for shariah dividend fund
Perdana Petroleum unit secures PETRONAS work orders for two AHTS vessels

Others Also Read