US Stocks Slip as Crypto Rout Deepens, BOJ Hints at Policy Shift
US stocks declined Monday as cryptocurrencies resumed their slide and bond yields jumped after the Bank of Japan signaled it may soon tighten its policy.
The S&P 500 dipped 0.5% and the tech-heavy Nasdaq 100 Index was down 0.4%. The Cboe Volatility Index hovered at around 17. Synopsys Inc. was among the biggest gainers in the S&P 500 after Nvidia struck a deal to invest $2 billion in the chip-design software maker.