Lookonchain APP

App Store

Trump Reiterates: Dow Expected to Reach 100,000 Points by End of Term

2026.02.09 08:05:15

February 9 — Former U.S. President Donald Trump again repeated his expectation Wednesday that the Dow Jones Industrial Average will hit 100,000 points before the end of his term. Just 20 minutes prior, he posted on Truth Social: “U.S. stocks are at record highs, and national security is secure — all thanks to our great tariff policies. I expect the Dow to hit 100k before my term ends. Remember: Everything Trump says is right! Hope the U.S. Supreme Court is watching these developments.” Earlier reports noted the U.S. stock market staged a strong rebound Friday, with the Dow Jones Index topping 50,000 points for the first time — its biggest single-day gain since May 2024. On February 7, Trump first stated he expected the Dow to reach 100,000 points by the end of his term. Trump has publicly “pumped” stocks multiple times, with subsequent market rallies often tied directly to his policy announcements and tariff adjustments. In April 2025, markets plunged amid tariff fears until Trump posted on Truth Social: “Now’s an excellent time to buy.” Hours later, he suspended most tariffs — sending stocks soaring (the S&P 500 jumped 9.5% that day). In May 2025, during U.S.-UK trade talks, Trump told a press conference: “You better buy stocks now.” U.S. markets surged that day, while Bitcoin topped $100,000.
Relevant content

The probability of the Fed keeping interest rates unchanged in April is 99.5%

As of April 4th, CME’s FedWatch Tool shows the probability the Federal Reserve will hike rates by 25 basis points at its April meeting stands at 0.5%, with the odds of holding rates steady at 99.5%.

4 hours ago

U.S. Judge Denies Rehearing of Ruling on Fed Chair Powell Probe

April 4: A U.S. judge has denied a rehearing of a ruling involving Fed Chair Powell’s probe. (CNBC)

4 hours ago

Institution: US Labor Market Still Fragile, with a 40% Chance of Entering an Economic Recession

April 4th — EY-Parthenon Senior Economist Lydia Boussour noted Wednesday that while U.S. March employment data showed a strong rebound, the labor market remains fragile. Against a backdrop of policy uncertainty, businesses are growing more cautious: hiring intentions are cooling, and firms are increasingly prioritizing protecting profit margins by boosting productivity rather than expanding headcount. “Looking ahead, we anticipate the U.S. labor market will be largely frozen in 2026 — marked by selective hiring, muted wage growth, and strategic workforce adjustments amid a historically tight labor supply environment.” Boussour projects job growth will run slightly below the breakeven level, pushing the unemployment rate to gradually rise to around 4.7%. “With the Middle East conflict ongoing, downside risks remain dominant — and there’s a 40% probability of a U.S. economic recession,” she added. (Source: FX678)

4 hours ago

The current mainstream CEX, DEX funding rate indicates a weakening bearish sentiment in the market

On April 4, data from Coinglass shows that as Bitcoin trades within a narrow range, current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate a slight easing of bearish sentiment in the market. Specific funding rate details are available in the attached image. **BlockBeats Note**: Funding rates are fees set by crypto exchanges to keep perpetual contract prices aligned with underlying asset values. This mechanism facilitates fund transfers between long and short traders—exchanges do not collect the fee themselves. It adjusts the cost or profit of contract holders to maintain price parity between contracts and their underlying assets. A 0.01% funding rate acts as the baseline: rates above 0.01% signal generally bullish sentiment, while rates below 0.005% indicate a predominantly bearish outlook.

4 hours ago

In the past 24 hours, the entire network has seen $133 million in liquidations, with both longs and shorts getting liquidated.

On April 4th, per Coinglass data, total crypto liquidations across the network hit $133 million over the past 24 hours, with $77.83 million in long position liquidations and $54.89 million in short position liquidations.

4 hours ago

Federal Reserve's Daly: Fed Should Focus on Employment Rates, Not Jobs Data

**April 4th – Federal Reserve official Daly said the U.S. economy no longer needs to generate large numbers of jobs to keep the employment-population ratio steady. In this environment, monthly hiring figures no longer accurately reflect labor market health, and the unemployment rate is a more reliable measure.** **“Ratios and indicators like the employment-population ratio, unemployment rate, quit rate or hiring rate capture changes in workforce size, making them clearer reflections of labor market health,” she stated.** **Source: FX678**

4 hours ago