The three major U.S. stock indices

4E: The three major U.S. stock indices all fell, the cryptocurrency market experienced increased volatility, and the market is awaiting tonight's CPI data

ChainCatcher news reports that, according to 4E monitoring, on the eve of the release of U.S. CPI data, U.S. stocks collectively retreated with all three major indices declining. The S&P 500 index closed down 0.30%, the Dow Jones down 0.35% for the fourth consecutive trading day, and the Nasdaq, after hitting an intraday all-time high, ultimately closed down 0.25%. Large tech stocks had mixed performances, with Tesla rising 2.87% to set a new three-year high, and Google A rising 5.59%, marking the largest single-day gain since April. In the cryptocurrency sector, MicroStrategy rose 3.3% amid market speculation that it might be included in the Nasdaq 100 index, while Coinbase fell 2.61%.The cryptocurrency market experienced a sharp correction, influenced by Google's launch of its latest quantum chip, Willow, which sparked discussions in the crypto community about quantum computing attacks. Bitcoin dropped from around $100,000, nearing the $94,000 mark at one point, while altcoins generally fell by about 20%, marking the largest declines in the recent market. As of the time of writing, Bitcoin hovered around $97,000.In the forex commodities sector, the U.S. dollar index rose to a one-week high, marking its third consecutive day of gains; geopolitical risk aversion and market bets on a Federal Reserve rate cut next week boosted gold prices, with spot gold rising over 1% to test $2,700; the easing of the situation in Syria and potential stimulus measures from major emerging markets supported market confidence, stabilizing oil prices.The current market is focused on the U.S. November CPI data to be released tonight at 21:30, which will significantly influence the Federal Reserve's interest rate path during its meeting on December 17-18. CME's FedWatch tool shows that traders believe there is an 86% chance of a rate cut next week. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex, recently launching a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

4E: The three major U.S. stock indices fell together, Trump's trading "tide recedes," and market risk aversion increased

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indexes collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index closed down 0.28%, the Dow fell 0.61%, and the Nasdaq dropped 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell 5% on Monday, ultimately closed up 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy stocks collectively rising on Monday.The cryptocurrency market continued to decline under the weakening influence of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, leading the dollar index to drop over 0.4% to below 104, hitting a two-week low and marking the largest decline in over a month, with non-dollar currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains exceeding nearly 3%. Gold prices were boosted by safe-haven demand due to the uncertainty of the U.S. election, expectations of a Fed rate cut, and the dollar index reaching a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown the gap in winning probabilities between Trump and Harris rapidly narrowing, with both sides' vote counts now very close. The market is concerned that controversial vote counting results may delay the election outcome by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As the two storms approach this week, market volatility has intensified, and demand for safe havens has increased. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. Recently, it launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: The three major U.S. stock indices all fell, Trump's trading "tide recedes," and market risk aversion increased

ChainCatcher news, according to 4E monitoring, as the U.S. election enters its final countdown, the three major U.S. stock indices collectively fell on Monday while most investors remained on the sidelines. The S&P 500 index fell by 0.28%, the Dow Jones dropped by 0.61%, and the Nasdaq decreased by 0.33%. Given the tight race between Trump and Harris, supporters on both sides were eager to "place another bet" before Monday. After three consecutive days of double-digit declines, Trump's media technology group, which at one point fell by 5% on Monday, ultimately rose by 12.37%. Meanwhile, bets favoring Harris's victory also increased, with solar and clean energy concept stocks collectively rising on Monday.The cryptocurrency market experienced a broad decline due to the continued weakening of the "Trump trade." As of the time of writing, Bitcoin was priced at $67,939, down 1.4%, and Ethereum was at $2,407, down 2.32%.In the forex and commodities sector, the "Trump trade" was scaled back, coupled with expectations of a 25 basis point rate cut by the Federal Reserve on Thursday, causing the dollar index to drop over 0.4% to below 104, reaching a two-week low and marking the largest decline in over a month, with non-U.S. currencies rising broadly. Oil prices were supported by OPEC+'s announcement to delay production increases, with intraday gains of nearly 3%. Gold prices were boosted by safe-haven demand triggered by the uncertainty of the U.S. election, expectations of a Federal Reserve rate cut, and the dollar index hitting a two-week low, with spot gold closing up 0.05% at the end of U.S. trading.In recent days, a series of polls have shown that the gap in winning probabilities between Trump and Harris is rapidly narrowing, with both sides' vote counts now very close. The market is concerned that disputed vote counts could delay the election results by several days. Additionally, if Trump loses the election, his supporters may cite these data to "prove" election fraud, potentially inciting unrest. Another catalyst for safe-haven sentiment is the Federal Reserve's interest rate decision on Thursday, along with Powell's remarks at the press conference.As two storms approach this week, market volatility has increased, and demand for safe havens has risen. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodities like gold, and forex. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.
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