Good evening.
Markets slide, Bitcoin struggles near $20,000, and Twitter is suing Elon Musk.
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks fell on Monday as investors prepare for a busy week ahead.
Earnings season kicks off this week with the biggest banks announcing their Q2 results.
Investors are also awaiting the release of June's consumer price index (CPI) report, which drops on Wednesday.
Twitter vs. Elon. Twitter shares tumbled after Elon Musk said he is terminating his $44 billion takeover of the company.
The crypto market fell on Monday, with Bitcoin trading near $20,000, a key level where it has been hovering for the last month.
Catch Up
Investments in U.S. tech start-ups plunged 23 percent over the last three months, the steepest fall since 2019.
Buying a home in the U.S. is the least affordable it has been since 2006.
Klarna, the "buy now, pay later" fintech company, saw its valuation slashed by 85% in a new financing round.