Yuga Labs to Launch Bitcoin NFTs, Robinhood Releases Self-custody Wallet
Mar 1, 2023
Market Update Equities are relatively flat today after posting losses for February, with the S&P and Nasdaq losing 2.61% and 1.11% for the month, respectively. Investors are assessing mixed signals, with China posting a surprisingly strong PMI of 52.6 overnight, a high not seen since April 2012. This is coupled with recent hawkish comments from Fed officials. Yesterday, Minneapolis Fed President Neel Kashkari stated he was "open to the possibility" of a larger interest rate increase at this month's policy meeting. Treasury yields continue to climb, with the 10-year currently sitting at 4.01%,