Broadcom

The S&P 500 is fading after a recent record as long-dated Treasury yields climb to 19-year highs and challenge broad equity appetite. AI-linked strength remains visible, but elevated Brent crude and tighter debt costs are making the market more selective.

Bitcoin is testing a fragile recovery as futures traders increase expectations for a September Federal Reserve rate hike. Technical traders are watching resistance near $63,800 to $64,000, where a rejection could reopen downside risk toward $59,300.

The S&P 500 and Nasdaq advanced as Broadcom’s extended Apple partnership revived demand for semiconductor names. The Dow pulled back after a fresh record, leaving traders focused on Fed minutes, earnings, and whether momentum can hold.