Stocks, Crypto Slide as Market Volatility Rises

U.S. stock futures declined following a third consecutive week of losses for major indices, driven by renewed concerns over U.S.-China trade tensions, tariffs, and disappointing corporate earnings. UnitedHealth's stock plunged over 22% after cutting its full-year forecast, while Nvidia fell sharply due to a $5.5 billion charge tied to U.S. chip export restrictions to China. The declines extended beyond equities, with major cryptocurrencies such as Bitcoin and Ethereum also falling as volatility and bearish sentiment spread across markets. Federal Reserve officials warned that ongoing tariffs could slow economic growth and complicate inflation control, further fueling investor caution. The upcoming week is expected to be eventful, with key earnings reports from Alphabet, Tesla, and Boeing likely to offer insights into the effects of tariffs and trade uncertainties on corporate performance. Trading volumes surged during the turmoil, underscoring the interconnectedness of global financial markets.