U.S. stocks ended the session lower, with all three major indexes in the red and the Nasdaq posting the sharpest decline. The Dow Jones Industrial Average fell 0.97% and was down 1.13% for July, while the S&P 500 lost 1.21% on the day and 1.00% for the month. The Nasdaq dropped 2.15%, bringing its July decline to 3.47%.
Gold- and silver-linked names also sold off broadly. First Majestic Silver (AG) fell 4.94%, Coeur Mining (CDE) lost 3.76%, the iShares Silver Trust (SLV) dropped 3.47%, VanEck Gold Miners ETF (GDX) fell 2.19%, SPDR Gold Shares (GLD) declined 2.00%, and Barrick Gold (GOLD) slipped 1.72%.
Crypto-related stocks showed mixed performance. Hut 8 (HUT), Cipher Mining (CIFR), MARA Holdings (MARA), Riot Platforms (RIOT), and CleanSpark (CLSK) all advanced. On the losing side, Strategy (MSTR), Bitmine (BMNR), Circle (CRCL), Bit Brother (BTBT), and Coinbase (COIN) finished lower.
U.S. stocks closed lower, with all three major indexes ending the session in the red. The Dow Jones Industrial Average fell 0.97% and is down 1.13% for July. The S&P 500 lost 1.21% on the day and 1.00% for the month. The Nasdaq dropped 2.15%, taking its July decline to 3.47%.
Gold and silver-linked stocks fell across the board
Gold and silver names posted broad losses. First Majestic Silver (AG) fell 4.94%, Coeur Mining (CDE) lost 3.76%, the iShares Silver Trust (SLV) dropped 3.47%, the VanEck Gold Miners ETF (GDX) declined 2.19%, SPDR Gold Shares (GLD) fell 2.00%, and Barrick Gold (GOLD) slipped 1.72%.
Crypto-related stocks turned in mixed results
Crypto-related shares were split. Among gainers, Hut 8 (HUT) rose 7.11%, Cipher Mining (CIFR) added 5.56%, MARA Holdings (MARA) climbed 2.90%, Riot Platforms (RIOT) gained 2.05%, and CleanSpark (CLSK) advanced 1.86%.
Among decliners, Strategy (MSTR) fell 6.38%, Bitmine (BMNR) dropped 6.37%, Circle (CRCL) lost 6.02%, Bit Brother (BTBT) declined 3.85%, and Coinbase (COIN) fell 2.99%.
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