The Federal Reserve is expected to hold rates steady in Kevin Warsh’s second meeting as chair, while Bitcoin remains stuck near $60,000 as analysts debate whether a lasting bottom is forming.
The Dow rose 537 points as the Nasdaq slipped as semiconductor stocks sold off, with Micron and AMD both falling more than 8%.
Oil prices dropped sharply after Iran discussed the Strait of Hormuz with Saudi Arabia and Oman, easing pressure across the wider market.
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