- Nasdaq closes 1.25% lower at 13,036.43.
- Bitcoin dips to overnight low of US$30,305.30.
- LG unveils Rollable smartphone.
The US markets closed lower in Monday?s session after investors settled on profits from last weeks? record highs across all indexes, while also waiting for the earnings season to begin.
The tech index, the Nasdaq, fell 1.25% at 13,036.43, the Dow Jones lost 0.29% at 31,008.69, and the S&P500 eased 0.66% at 3,799.61.
The Australian dollar has slightly weakened to US$0.77.
Bitcoin dipped to an overnight low of US$30,305.30 before rebounding to just under to US$35,000 at 10:30am AEDT.
Ethereum is down 17.2%, Ripple has lost 19.1% and Bitcoin cash is also down 19.2%.
In tech news, American retail giant Walmart is set to create a fintech start-up with Ribbit Capital - one of the investment firms behind popular investing app Robinhood - with Walmart saying it would "offer modern, innovative and affordable financial solutions".
#StopTheSteal is the latest US political trend to be banned by big tech companies in the US in a bid to stop the spread of election misinformation. Facebook has banned all "Stop the Steal" content, while Twitter banned "Stop the Steal" rally organiser Ali Alexander from its platform.
And LG has unveiled its Rollable smartphone on the first day of the CES 2021 tech trade show ahead of hitting the market later this year.