4E: US stocks continue to rebound, cryptocurrency market fluctuates within a narrow range
ChainCatcher news reports that according to 4E monitoring, U.S. stocks continued the rebound from last Friday on Monday, as investors sought to buy on dips after four consecutive weeks of market declines, pushing the indices higher. By the close, the Dow Jones rose 0.85%, the Nasdaq rose 0.31%, and the S&P 500 index rose 0.64%. Most large tech stocks fell, with Tesla leading the decline at 4.83%, down more than 40% this year.The cryptocurrency market fluctuated narrowly, showing overall lackluster performance, with Bitcoin hovering around $83,000, reported at $83,389 at press time, up 0.15% in 24 hours. Other major tokens mostly saw slight increases, with Ethereum striving to hold above $1,900, and BNB's meme market recovering strongly, rising nearly 18% in the past 7 days.In the forex commodities sector, the shadow of Trump's trade protectionism continues, with the dollar index falling 0.33% to a five-month low; influenced by geopolitical factors, oil prices rebounded over two days, with U.S. oil rising 0.59%; gold, driven by safe-haven sentiment, saw spot gold rise 0.57%, reaching a historical high for three consecutive days.Trump's tariff remarks have temporarily quieted, and the market is closely watching global central bank meetings. The Federal Reserve is expected to maintain interest rates on Wednesday, and Powell's comments after the meeting will be closely monitored, as he has previously stated he is "not in a hurry" to cut rates. Investors will look for any changes in his tone.