Stock Market Update

[BRIEFING.COM] The major averages are little changed from their previous levels heading into the final half hour of trading, with technology and semiconductor stocks showing little sign of attracting buying support despite their steep losses.

Meanwhile, Circle Internet Group (CRCL 71.80, -8.20, -10.25%) is plunging more than 10% amid a broader cryptocurrency selloff following reports of a multibillion-dollar security breach at Binance. Circle disclosed that it had frozen more than $800 million in USDC stablecoin funds linked to the exploit, raising concerns about regulatory scrutiny and operational risks. Bitcoin has fallen back below $77,000, while other cryptocurrency-related stocks, including Bitdeer Technologies (BTDR 6.60, -0.98, -12.86%), American Bitcoin Corp. (ABTC 6.60, -0.90, -12.06%), and BitGo Holdings (BTGO 5.27, -0.52, -8.98%), are also suffering double-digit percentage losses.