Nasdaq, Dow and S&P 500 Slide as Oil Shock and FOMC Risk Hit Chip Stocks

Morgan Stanley executives say tokenization and round-the-clock markets are pushing finance beyond the traditional 9-to-5 banking model. The firm is expanding digital asset access through E*TRADE, crypto ETFs and tokenized product development as investor demand broadens.

LMAX Group is assessing strategic alternatives with major advisers as the institutional trading platform weighs paths that could include a sale, SPAC merger or public listing. A Nasdaq listing is viewed by some people familiar with the discussions as the preferred route, though the firm is not under immediate pressure to move while crypto markets remain soft.

WTI crude oil has returned to a fast-moving trading environment as renewed Middle East tensions unsettle short-term sentiment. Technical traders are watching nearby resistance and support as sudden headlines continue to shape intraday price action.