U.S. and world stocks embarked on a new month and quarter with little conviction, as tech shares in general and chip stocks in particular weighed on Wall Street. Meanwhile, remarks from U.S. Federal Reserve Chair Kevin Warsh that inflation risks have eased boosted gold and helped the dollar pare earlier gains.
- U.S. stocks dipped, particularly tech and chip sectors, at the start of July.
- Federal Reserve Chair Kevin Warsh's comments on easing inflation risks boosted gold and weakened the dollar.
- President Trump's financial disclosures revealed significant income from his family's crypto business, including meme coins.
Topics: Asset types, Institutional adoption, Political endorsements opposition, Alternative assets, Onboarding prime brokerage, Pro innovation government policy
Tags: #trump #cryptobusiness #digitalassets #worldlibertyfinancial #memecoins #federalreserve #kevinwarsh #inflation #interestrates #irantalks
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