U.S. stocks

4E: Technology stocks lead the decline in U.S. stocks, panic in the cryptocurrency market intensifies

ChainCatcher news, on Thursday, U.S. stocks fell sharply again, with all three major indices closing down. The Dow Jones fell 0.43%, the S&P 500 dropped 1.59%, and the Nasdaq declined 2.78%. The technology sector led the decline, with the seven giants collectively plummeting, erasing nearly $550 billion in market value. Among them, Nvidia's latest earnings report was "good but not stunning," causing its stock price to drop from a 2% increase at the open to a decline of over 8% at the close, resulting in a market value loss of over $270 billion.The cryptocurrency market plummeted again, driven by tech stocks, with Bitcoin falling below $80,000, hitting a new low since November 11 of last year, a 24-hour drop of 4.7%; Ethereum fell to around $2,100, erasing all gains since last August; SOL dropped below $130, marking a five-month low. Currently, from its all-time high, Bitcoin has fallen over 25%, Ethereum over 45%, and SOL over 55%, while many altcoins have also dropped to all-time lows in the past two days. Market sentiment remains in a state of extreme panic, and despite the significant declines, there are still no signs of a bottom.In the forex commodities sector, with the clarification of Trump's tariff timeline, the dollar rose over 0.7%; the oil market strengthened and closed at a high, with U.S. oil rising over 2.5%; the strengthening dollar put pressure on gold, with spot gold dropping 1.3%, hitting a new low in over two weeks during the session.As signs of a weakening U.S. economy emerge, recession fears are reigniting, and the uncertainty of Trump's policies is exacerbating market anxiety about the economic outlook, leading to a double blow in both the U.S. stock and cryptocurrency markets, with panic sentiment intensifying.

4E: The uncertainty of Trump's tariffs intensifies volatility, U.S. stocks fluctuate, and the cryptocurrency market shows mixed performance

ChainCatcher news, Trump held his first cabinet meeting on Wednesday, confirming that tariffs on Canada and Mexico will take effect as scheduled, and claiming that a 25% tariff will be imposed on the EU. Additionally, new home sales in the U.S. fell to a three-month low in January, further indicating signs of weak consumer demand. The combination of tariff policies and poor consumption data has raised concerns in the market about the economic growth outlook.According to 4E monitoring, U.S. stocks initially rose across the board, but fell back from intraday highs under the impact of Trump's tariff remarks, ultimately closing mixed. The S&P 500 and Nasdaq, which had fallen for four consecutive days, slightly increased by 0.01% and 0.26%, respectively, while the Dow Jones fell by 0.43%. Most tech stocks rose, with Nvidia leading the gains by over 3% ahead of its earnings report, while Tesla dropped 3.96% due to declining sales. After hours, Nvidia reported fourth-quarter results and current quarter guidance that both exceeded market expectations, alleviating concerns about its AI chip production and computing power demand.The cryptocurrency market did not follow the tech stock rebound, with Bitcoin dropping again, hitting a low of $82,256, currently reported at $84,705, down 4.84% in 24 hours. The top ten mainstream coins by market cap collectively declined, with ETH and SOL falling by 5.46% and 3.9%, respectively. Altcoins showed mixed performance, with some rising against the trend, exhibiting signs of "sucking blood" from Bitcoin, causing Bitcoin's market share to drop from 61% to 59.5% within two days. Bitcoin spot ETFs saw a net outflow of $337 million yesterday, marking seven consecutive days of capital outflow.In the forex and commodities sector, Trump's tariff remarks became the focus, with the dollar stabilizing and rebounding on Wednesday, while gold prices stabilized after reaching a historic high, with spot gold slightly up by 0.08%; oil demand remains weak, and the potential peace agreement between Russia and Ukraine continues to exert pressure on oil prices, with WTI crude oil down by 0.45%.Current tariff concerns and economic slowdown continue to dominate market sentiment, with investors closely monitoring the upcoming U.S. GDP and PCE data, as well as the latest developments in Trump's tariff plan. eeee.com (http://eeee.com/) is a financial trading platform that supports assets such as cryptocurrencies, stock indices, precious metals, and forex, recently launching a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and to allocate assets wisely.

Point72 founder: U.S. stocks may face significant adjustments, expecting U.S. economic growth to slow to 1.5% in the second half of the year

ChainCatcher news, billionaire hedge fund founder Steve Cohen, founder of Point72, stated during a speech in Miami that U.S. stocks may experience a significant adjustment due to the policies of the Trump administration. Cohen expects that in the second half of 2025, the growth rate of the U.S. economy will slow from 2.5% to 1.5%, marking "the first time in a while that I feel very negative."Cohen pointed out that the tariff policies of the Trump administration are essentially a form of taxation, which could provoke international trade retaliation; at the same time, immigration restrictions will affect labor force growth, and the anti-corruption initiatives of the Department of Government Efficiency (DOGE) are essentially contractionary policies. These factors combined will have a negative impact on the economy. Against the backdrop of the S&P 500 index rising over 50% since the beginning of 2023 and Nvidia's increase of 800%, current market valuations are at historical highs, with most investors, including hedge funds and retail investors, holding near-maximum positions, leading to significant downside risks in the market.It is reported that Point72 is known as "Wall Street's craziest money-making machine," and Cohen has been named by U.S. media as the most influential trader in Wall Street history. He is also the inspiration for the character Bobby Axelrod, a financial tycoon in the popular American TV series "Billions." Analysis from Goldman Sachs' trading department shows that if stocks fall by 10% within a month, it could trigger about $200 billion in systemic selling, with one-third coming from the U.S. market.

4E: U.S. stocks and gold both hit new highs, while the crypto market rebounded slightly

ChainCatcher news, according to 4E monitoring, the Federal Reserve's monetary policy meeting minutes suggest that they will hold steady until there is more progress on inflation. On Wednesday, U.S. stocks opened lower but rose throughout the day, with all three major indices closing higher. The S&P 500 index rose 0.24%, hitting a new high for two consecutive days, the Dow Jones increased by 0.16%, and the Nasdaq gained 0.07%. Large tech stocks had mixed performances, with Tesla up 1.82% and Nvidia down 0.12%.The cryptocurrency market saw a slight rebound against the backdrop of rising U.S. stocks. After a flash crash to a two-week low on Tuesday, Bitcoin was in a fluctuating upward trend throughout Wednesday, briefly climbing to a high of $97,000 before pulling back slightly, currently reported at $96,810, up nearly 1.5% in 24 hours.Ethereum and altcoins generally warmed up, with Ethereum currently at $2,730, up nearly 2.02% in 24 hours. On-chain activity has cooled, meme popularity has significantly decreased, and SOL continues to perform weakly. The overall market is still oscillating within a range, with no clear direction yet. In the forex commodities sector, the U.S. dollar index rose by 0.11%; spot gold retraced after hitting a historical high of $2,947 during the day, with the daily increase narrowing to 0.15%; multiple messages have increased the outlook for tight oil supply, leading to a continued rebound in oil prices, with Brent crude rising for three consecutive days to a one-week high.The Federal Reserve's January meeting minutes indicate that officials believe inflation needs to continue declining before any further rate cuts can be considered, but policies such as Trump's tariffs pose upward risks to inflation. Overall, the minutes further reinforced market expectations of a "pause in rate cuts," with the Federal Reserve firmly in a "wait-and-see" mode. eeee.com, as a financial trading platform supporting cryptocurrencies, stock indices, commodity gold, forex, and other assets, recently launched a USDT stablecoin financial product with an annualized yield of 8%, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.

4E: The three major U.S. stock indices closed slightly higher, the cryptocurrency market fluctuated downward, and gold prices surged again

ChainCatcher news reports that, according to 4E monitoring, the three major U.S. stock indexes briefly turned negative during the session but saw strong buying in the closing hours, ultimately achieving slight gains. The S&P 500 index rose by 0.24%, having reached a new high during the day, the Dow Jones increased by 0.02%, and the Nasdaq rose by 0.07%. Large tech stocks showed mixed performance, with Tesla down by 0.49% and Nvidia up by 0.4%. Most chip stocks and AI concept stocks rose.The cryptocurrency market experienced a downward fluctuation, with Bitcoin briefly dipping to $93,000, its lowest in nearly two weeks, driven by the U.S. stock market, before rebounding and currently fluctuating above $95,000. ETH saw a significant increase in market attention due to the market sentiment hitting bottom and the fading of meme popularity, currently oscillating around $2,700. The LIBRA exit event has intensified the market's gloomy sentiment, compounded by Bitcoin's sudden flash crash, leading to further blows to altcoins, which are continuously hitting new lows.In the forex commodities sector, Trump has once again unleashed a tariff strategy, pushing the dollar index up by 0.3%; oil prices rose on Tuesday due to an attack on a Russian oil pipeline, raising concerns about short-term supply disruptions. Tariff worries and tense negotiations regarding the Russia-Ukraine conflict have triggered safe-haven buying, with spot gold rising by 1.2%.On Tuesday, Trump reiterated plans to impose high tariffs on automobiles, semiconductors, and pharmaceuticals, but his erratic tariff policies are gradually making the market immune. In contrast, the market is more focused on the latest developments in the Russia-Ukraine situation, hoping for an early resolution to the conflict. Additionally, the Federal Reserve will release the minutes from the January meeting on Wednesday, with the market hoping to gain insights into the Fed's views on the impact of global trade conditions.eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, bulk gold, and forex, recently launched a USDT stablecoin financial product with an annualized return of 8%, providing investors with a potential safe-haven option. 4E reminds you to be aware of market volatility risks and to allocate assets wisely.
ChainCatcher Building the Web3 world with innovators