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4E: On the Eve of Tariff Revelation, US Stocks and Crypto Market Rebound, Market Awaits Policy Clarity

1 days ago

April 2nd. In the context of Trump's "tit-for-tat tariff," the market sentiment underwent repeated tests. Eventually, it was bet that a clear trade policy would assist in stabilizing the market. The three major U.S. stock indexes fluctuated intensely during the day, with mixed closing results: the Dow dropped by 0.03%, the S&P 500 increased by 0.38%, and the Nasdaq rose by 0.87%. Large-cap tech stocks all performed strongly, with Tesla rising by more than 3%. In synchronization with the stock market, the cryptocurrency market rose. Driven by the early weakness in tech stocks, Bitcoin once approached $82,000 and then followed the U.S. stock rebound, reaching a high of $85,579. It is currently being tested whether it can hold above the $85,000 mark, with a 2.36% increase in the past 24 hours. Other major coins generally rose, and Ethereum vigorously challenged the $2,000 mark. Multiple meme tokens on the BNB chain collapsed last night, severely shaking market confidence in meme coins. In terms of major commodities, the U.S. dollar closed flat after a day of fluctuations; the oil and gas market generally fell, with a slight retreat in oil prices; investors chose to take profits before a series of tariffs took effect, and spot gold fell back after hitting a record high. Prior to the eve of the "tit-for-tat tariff" deadline, U.S. stocks seemed to show signs of stopping their decline, indicating that the market believes Trump will not persist with any tariff policy that would severely drag down economic growth. The market is looking forward to tonight's tariff announcement, focusing on whether it can clarify the policy direction to eliminate uncertainty and whether the extent of the tariff increase will further worsen the economic outlook. eeee.com, as a financial trading platform that supports assets such as cryptocurrencies, stock indices, major gold, and forex, recently launched a USDT stablecoin financial product with an 8% annual return rate, providing investors with a potential safe-haven option. 4E reminds you to pay attention to market volatility risks and to allocate your assets reasonably.
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