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US stock market kicked off with downside pressure across the board. The Dow Jones Industrial Average slipped 175.38 points, declining 0.36% to close the opening session at 48,820.70. Meanwhile, the Nasdaq Composite dropped 43.47 points, representing a 0.18% decrease settling at 23,540.81. The S&P 500 also felt the heat, falling 7.61 points or 0.11% to 6,913.32.
These early losses reflect broader market caution as investors digest economic signals. When traditional markets show red, crypto traders often watch closely for correlation patterns and potential safe-haven flows. The modest declines across major indices suggest measured risk-off sentiment rather than panic selling, which could mean selective buying opportunities emerge in digital assets as institutional players rebalance their portfolios.