The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.
Nathan Howard | Bloomberg | Getty Images
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Markets lost momentum
U.S. stocks pulled back Tuesday after a winning Monday, though the Nasdaq Composite still managed to eke out a small gain. Europe’s Stoxx 600 index added 0.68%. It was lifted by an 8.51% rise in French game publisher Ubisoft Entertainment after Microsoft said it would divest several gaming rights to the company as part of a new deal for its acquisition of Activision Blizzard.
Coinbase takes stake in Circle
Cryptocurrency exchange Coinbase is taking a stake in Circle, the company that issues and manages stablecoin USDC. A…
