Volatility and choppy price action continued to dominate the cryptocurrency market on March 7 as news that United States President Joe Biden plans to sign an executive order later this week. This outline for the government‘s strategy for cryptocurrencies was added to the list of factors weighing down crypto prices.
S&P 500 is little changed after the worst sell-off since 2020
The S&P 500 was steady on Tuesday following the benchmark’s worst day since October 2020, as investors remained on edge about surging commodity prices and slowing economic growth stemming from Russia’s invasion of Ukraine.
A rare bright spot in the stock market may be set to fizzle out
Tech stocks, like the rest of the broader market, have seen their fair share of ups and downs since Russia’s invasion of Ukraine at the end of February. But for one part of the technology sector — cybersecurity -— it’s been a roaring bull market for the past few weeks.