U.S. markets experienced significant volatility as Bitcoin saw its largest decline in two days since the election, amid uncertainty surrounding President-elect Donald Trump's proposed policies on cryptocurrencies.
Traders are being cautious about the potential establishment of a U.S. Bitcoin reserve, which has contributed to the cryptocurrency's downturn.
In the technology sector, Nvidia is facing delays due to overheating issues with its AI chips, raising concerns about production timelines.
On the other hand, Tesla could benefit from a potential phase-out of electric vehicle (EV) tax credits, which could improve its market competitiveness.
In corporate news, Palantir's stock surged after announcing its listing on Nasdaq, while Warren Buffett's investments in Domino's and Pool Corp have had a positive impact on their share prices, highlighting his continued influence in the market.