Stocks hold steady as Bitcoin stays above $85,000 and diplomacy takes focus

  • President Trump opened a week of diplomacy with a United Nations General Assembly address.
  • Bitcoin held above $85,000 while ether remained near its highest level since January.
  • Apple gained more than 1%, and Meta extended Monday’s advance amid Muse enthusiasm.

U.S. stocks were little changed Tuesday as President Trump began a week of diplomacy with an address to the United Nations General Assembly. Investors were also watching for an expected Thursday meeting in Washington with Chinese President Xi Jinping. Oil prices continued to decline amid reports that Iran was willing to reopen the Strait of Hormuz if the US ended its blockade and reduced military pressure, helping ease concerns about persistent inflation. The 10-year Treasury yield fell to 4.93% after surpassing 5% last week. Technology stocks edged higher following a sharp one-day rally that lifted AMD to a $1 trillion valuation. Apple rose more than 1%, while Meta extended gains linked to enthusiasm for its new AI agent, Muse. Bitcoin held above $85,000 per token, and ether traded near its highest level since January as renewed digital-asset interest prompted one analyst to say the crypto winter (prolonged cryptocurrency market downturn) was over. On Holdings, Blackberry and GameStop were among the other stocks drawing attention from Yahoo Finance readers.

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Stocks hold steady as Bitcoin stays above $85,000 and diplomacy takes focus - CoinPost Terminal