Wells Fargo

US stocks ended lower after oil prices surged and chipmakers sold off, leaving the Nasdaq with the steepest decline among major indexes.

Wall Street cut about 10600 jobs in 2025 as major US banks reduced headcount to the lowest level since 2021 marking the biggest annual decline since 2016.

Goldman Sachs’ crypto ETF holdings exceed $2B, showing rising institutional interest in Bitcoin and Ethereum as Wall Street firms increase their digital asset investments.