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The SPX index was down by 0.89%, this downturn was led by sectors such as technology, consumer discretionary, and communication services. Investors are now looking forward to Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium for guidance on potential interest rate cuts. The broader cryptocurrency market was down, with Bitcoin and Ether dropping by 2.12% and 0.36%, respectively in the past 24 hours.
Today's top performer is IO, which surged 18.0% after Io.net and Chainbase collaborate to enhance AI and decentralized infrastructure.