‘Not what the market expected’: Wall Street slips as Fed sees rate hikes as soon as 2023

Wall Street stocks fell further from their records and bond yields rose after Federal Reserve officials signalled they may start raising interest rates in about two years.

Bitcoin rattles markets as it plunges before rallying; Wall Street extends losing run

A 31 per cent plunge in the morning. A 33 per cent surge in the afternoon. Bitcoin’s ride caused outages on major crypto exchanges and dominated chatter on Wall Street.