What to watch today: Wall Street to open lower after Nasdaq’s worst week since March 2020

What to watch today: Wall Street to open lower after Nasdaq’s worst week since March 2020

BY THE NUMBERS dropped Monday, indicating more losses to start the new week following the Nasdaq's and the S&P 500's , just after the Covid pandemic was declared. For last week, the lost 7.6% and the shed 5.7%, logging four- and three-week losing streaks, respectively. (CNBC) The lost 4.6% last week, its worst weekly performance since October 2020 and its third straight weekly decline. The Nasdaq was firmly in correction territory, down 14% from its November record close. The S&P 500 and the Dow were down 8% and 7% from their record closes earlier this month. The Monday continued to retreat from last week's spike to January 2020 highs. The 10-year yield after topping 1.9% on Wednesday as investors focused on the Federal Reserve's for raising interest rates and broadly tightening monetary policy as inflation persistently increases. (CNBC) The cryptocurrency market has seen over the past 24 hours as major digital coins continued their multiday sell-off. Bitcoin on Monday was down around 5% to just above $33,000, the lowest levels since July 2021. was about 50% off its record high hit in November. (CNBC) Cryptocurrency exchange operator  (COIN) tumbled 7.8% in the premarket, reflecting the downward move in crypto