The shift in sentiment follows remarks from a senior Fed official suggesting room for further rate adjustments. That helped push down Treasury yields and reinforce expectations of an imminent rate cut.

Mixed signals from Federal Reserve officials and recent economic data have stirred uncertainty over the central bank's next move.

The agreement, one of the largest consumer protection settlements in the FTC's history, includes $1 billion in civil penalties and $1.5 billion set aside for consumer refunds.

The total value of global digital assets currently stands at roughly $3.2 trillion, with daily trading volume estimated at $197 billion.

The S&P 500 fell roughly 0.8%, marking its fourth consecutive day of losses. The Dow Jones Industrial Average dropped nearly 500 points, or more than 1%, while the Nasdaq Composite slid 1.2%, extending a multi-day pullback in the market's most heavily weighted technology names.

Regulators argued the acquisitions were part of a strategy to suppress competition and maintain dominance in personal social networking.

According to a recent analysis of S&P 500 companies' annual SEC Form 10-K filings, 72 percent of firms now report at least one AI-related risk, up sharply from 12 percent in 2023.

The trend, dubbed "D‑Exit," is fueled by growing concerns over litigation risk, unpredictable court rulings, and rising costs, a shift that could reshape American corporate governance.

Investors rotate out of AI darlings and into banks, oil and industrials as rate reality reshapes the market mood.