US stocks (^DJI, ^IXIC, ^GSPC) close Monday's trading session lower, seemingly taking a breather from last week's successive record highs. This is the final trading week in 2024's first quarter, a shortened week as markets close for Good Friday on March 29. Yahoo Finance Senior Markets Reporter Jared Blikre highlights the day's sector action, while taking a closer look at shares of Reddit (RDDT) and Astera Labs (ALAB), as well as bitcoin's (BTC-USD) price recovery above $70,000. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
US stocks (^DJI, ^IXIC, ^GSPC) close Monday's trading session lower, seemingly taking a breather from last week's successive record highs. This is the final trading week in 2024's first quarter, a shortened week as markets close for Good Friday on March 29.
Yahoo Finance Senior Markets Reporter Jared Blikre highlights the day's sector action, while taking a closer look at shares of Reddit (RDDT) and Astera Labs (ALAB), as well as bitcoin's (BTC-USD) price recovery above $70,000.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Barrons.com
The price of Bitcoin has gained 4% over the past 24 hours to $67,000, with the biggest crypto recently trading as high as near $68,000. Bitcoin hit a record high above $73,000 less than two weeks ago before last week saw a slump amid a correction that pushed prices as far down as the $60,000 zone. “Bitcoin rose to $67,100, a third day of strength,” said Alex Kuptsikevich, an analyst at broker FxPro. Bitcoin is crawling back to peak levels, supported by multiple factors.
The Wall Street Journal
**Intel (INTC)**: The Financial Times reported that China had moved to phase out U.S. microprocessors in government computers and servers. Intel's shares slipped. **Boeing (BA)**: The aerospace company's shares rose following the news that Chief Executive Dave Calhoun would step down at the end of the year.
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