Overview
- Germany’s DAX slipped back below 24,000 after nearing its record, while the Dow fell 1.6%, the S&P 500 1.7% and the Nasdaq 2.3%.
- Investors rotated out of highly valued technology and AI shares toward defensives such as healthcare and financials, putting pressure on names like Nvidia.
- Bitcoin dropped to roughly $96,900, its first break below $100,000 since May, with spot‑ETF outflows reported at about $2.8 billion.
- White House and Federal Reserve officials signaled gaps in forthcoming U.S. indicators, including parts of the jobs report, complicating rate‑cut expectations.
- The shutdown ended with a temporary funding deal that runs only through late January, leaving fiscal and policy risks unresolved.