Tech Stocks Decline, Palantir Falls More Than 8%: What’s Influencing Markets on Tuesday?

Tech Stocks Decline: Major tech stocks experienced a pullback, with the Nasdaq 100 down 1.4%, led by Palantir Technologies which fell over 8% after a strong year-to-date performance.

Market Focus on Federal Reserve: Investors are awaiting Federal Reserve Chair Jerome Powell's upcoming speech for insights on interest rates, following unsuccessful peace talks involving President Trump and Ukrainian leaders.

Commodities and Currencies Movement: Commodities like crude oil, gold, and silver saw declines, while the U.S. dollar slightly increased despite lower Treasury yields.

Cryptocurrency Market Impact: Cryptocurrencies faced significant losses, with Bitcoin dropping 2.6% and losing around $110 billion in total market capitalization amid a risk-off sentiment.