Posted 3/15/2024, 2:03:23 PM
Stocks Decline as Bitcoin Slumps and Adobe Outlook Disappoints
- Stocks fell Friday as bitcoin and Nasdaq slid; Adobe shares tumbled on weak outlook
- Bitcoin dropped below $68,000, extending slide after hitting record highs earlier in week
- Adobe beat earnings expectations but issued soft sales guidance for next quarter
- Ether declined from highs near $4,000 reached after Ethereum upgrade earlier in week
- Premarket stock movers Madrigal Pharma surged on FDA approval; Jabil and Ulta Beauty fell on weak forecasts
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