Market Storylines: AI Momentum Fades, Bitcoin Continues to Fall + S&P 500 Tests Support
Inside the ICE House · Intercontinental Exchange
Audio is streamed directly from the publisher (traffic.megaphone.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Eric Criscuolo, Market Strategist at the NYSE, recaps a week defined by fading AI momentum and shifting rate expectations. The S&P 500 broke below its 50-day average before Nvidia’s blowout earnings briefly lifted sentiment, only for gains to fade as selling resumed. Defensive sectors outperformed while Tech and Consumer Discretionary led declines, and crypto weakness added to risk-off signals. Labor data pushed yields lower and revived rate-cut bets, even as volatility ticked higher. The week closes with markets testing the 100-day average and eyes on holiday-shortened trading, economic updates, and sector rotation ahead.