Wall Street was rocked on Monday as US equities (^GSPC, ^DJI, ^IXIC) were in a free fall, finding some relief and eventually staging a bounce back on Tuesday. Part of those declines is due in part to issues with the Bank of Japan raising its interest rates. Bitcoin (BTC-USD) is also bouncing back after a large drop in value, currently sitting above $50,000.

Yahoo Finance Reporter Jared Blikre joins Asking For A Trend to break down the top takeaways for the trading day on Tuesday, August 6.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend

This post was written by Nicholas Jacobino