First Mover Asia: Ether Tumbles Under $1.5K; Ethereum Merge Might Ding Demand for Chips, however Semiconductor Shares Might Nonetheless Be a Good Purchase - CoinDesk

Fairness markets additionally had their issues with the tech-focused Nasdaq and the S&P 500, which has a robust expertise element, each declining greater than a proportion level, and the Dow Jones Industrial Common (DJIA) dropping about 0.5%. Buyers stay skittish about inflation and the looming robustness of the U.S. central financial institution’s subsequent rate of interest hike at its Federal Open Reserve Committee assembly in lower than per week. Observers of financial coverage broadly count on a 3rd, consecutive 75 foundation level enhance, though the percentages of a 100 foundation level rise ticked increased on Wednesday.