The S&P 500 Index fell 1.4% intraday, while the Nasdaq dropped 1.7%.

The probability of a Fed rate cut in September is as high as 90.5%, while the probability of keeping rates unchanged is only 9.5%.

The US SEC and CFTC issued a joint statement: US-registered exchanges are not prohibited from offering trading of certain spot cryptocurrencies.

All three major U.S. stock indexes closed lower.

All three major U.S. stock indexes fell, with the Dow Jones down 0.55%, while the Golden Dragon Index rose 0.52%.