STOCKS | Crypto-Linked U.S. Stocks Jump After White House Signals Support for Crypto and Equities

Crypto-related U.S. stocks surged after the White House signaled support for cryptocurrencies, U.S. equities, and Dell, and also urged Walmart to cut prices. According to PANews, the report also said extreme heat and drought in the U.S. Midwest and Europe have fueled concerns about extreme weather. Microsoft shares fell nearly 1.0% amid a planned round of layoffs. SpaceX shares slipped 1.02% ahead of its inclusion in the Nasdaq 100.