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4E: The escalation of the trade war threatens to overwhelm the benefits of slowing inflation, leading to declines in both the US stock market and the cryptocurrency market

ChainCatcher news reports that, according to 4E monitoring, the threat of an escalation in the China-U.S. tariff war has overshadowed the positive effects of slowing inflation. Investor concerns have taken precedence, and U.S. stocks failed to maintain Wednesday's significant rebound. On Thursday, the three major indices at one point dropped by at least 5%, although the decline narrowed towards the end of trading. By the close, the S&P 500 index fell by 3.5%, having at one point dropped by 6.3%, nearing the 7% first-level circuit breaker, marking the largest intraday drop since March 2020; the Nasdaq fell by 4.31%, and the Dow Jones by 2.5%. Major tech stocks collectively declined, with the seven giants index dropping by 6.67%.In the cryptocurrency market, the strong rebound from the previous day reversed sharply last night alongside the U.S. stock market. Bitcoin fell from $82,000 to a low of $78,464, nearly erasing all gains from the previous day. As of the time of writing, it is reported at $80,258, down 2.67%. Among the top ten mainstream coins, Ethereum performed the weakest, influenced by whale sell-offs and the decoupling of sUSD, briefly falling below $1,500. Before the deadline, it is reported at $1,541, down 6% in nearly 24 hours.In the forex commodities sector, the U.S. dollar index fell by 1.89%, marking the largest single-day drop since 2022. Oil prices dropped over 3% due to weak supply and demand expectations. Risk aversion surged, with gold reaching $3,220, setting a new historical high.Latest data shows that the U.S. March CPI fell short of expectations across the board, but the impact of tariffs has yet to be fully realized, which may soothe investors in the future. As Trump's chaotic tariff policies continue to disrupt the market, expectations of a tightening global supply chain have intensified, raising broader concerns about an economic recession. The market remains skeptical about whether the 90-day tariff delay can lead to substantial negotiation outcomes.

4E: Trump suspends tariffs for 90 days, U.S. stocks and crypto markets rebound strongly

ChainCatcher news reports that, according to 4E monitoring, after Trump announced a 90-day tariff suspension on countries that do not retaliate, investor panic sentiment significantly reversed, leading to a sharp rise in U.S. stocks during the trading session, with all three major indices closing with substantial gains. The Dow Jones Industrial Average rose by 7.87%, marking the largest single-day increase since March 25, 2020; the S&P 500 surged by 9.52%, achieving its best single-day performance since 2008; the Nasdaq rose over 12%, recording the second-largest single-day gain in history. Tech stocks performed exceptionally well, with the seven giants index soaring by 14.00%, and a total market value increase of $1.85 trillion in one day.The cryptocurrency market also experienced a collective surge, with Bitcoin continuing to climb from yesterday's low of $74,000, hovering around $83,000 before the deadline, a 24-hour increase of over 8.7%. Ethereum rebounded from a low of $1,385, reporting $1,660 before the deadline, with a nearly 14.6% increase in 24 hours. Other altcoins also saw significant rises, with the total crypto market cap increasing by 8.4% in 24 hours. However, market sentiment has not yet clearly recovered, indicating strong uncertainty regarding the recent tariff war.In the forex and commodities market, the trade dispute continues, with the dollar index failing to rebound and falling by 0.10%; crude oil rebounded strongly, averaging over a 5% increase during the midday session; spot gold fluctuated upward throughout the day, rising by 3.27% in New York's late trading.Recently, the market has reacted strongly to tariff news. Although some positive news has emerged, alleviating part of the market sentiment, the "suspended sentence" policy has not completely eliminated uncertainty and may instead bring more chaos.

4E: Tariff escalation triggers a new round of sell-offs, U.S. stocks and cryptocurrency markets decline

ChainCatcher news reports that according to 4E monitoring, as the "peer tariff" policy approaches its effective date, Trump signed the latest executive order on Tuesday, raising tariffs on China to 104%, causing global markets to plunge into a panic sell-off once again.The three major U.S. stock indexes surged in early trading due to optimistic expectations for trade negotiations, with the Nasdaq and S&P 500 both rising over 4%. However, following the tariff news, market sentiment reversed, and gains quickly evaporated, turning into declines. By the close, the Nasdaq fell 2.15%, the Dow dropped 0.84%, and the S&P 500 decreased by 1.57%. The index of the seven tech giants fell over 2.3%, oscillating downward throughout the day, with losses narrowing towards the end.The cryptocurrency market followed the U.S. stock market down again, with Bitcoin dropping from last night's high of 80,000 to a low of 74,620, nearing a new low, and reporting at 76,053 before the deadline, down 5.8% in 24 hours. The altcoin market generally suffered heavy losses, particularly in the meme and AI sectors, with the market in a state of extreme panic.In the forex commodities sector, the U.S. dollar index halted its two-day winning streak, falling about 0.3%, while safe-haven demand drove the yen and Swiss franc higher; crude oil fell for four consecutive days, hitting a new low in four years; spot gold showed a trend of rising and then falling throughout the day, retreating above the psychological level of 3,000 dollars.The market generally believes that the extremely high tariff of 104% has escalated the U.S.-China trade war to an unprecedented level of intensity. The market is closely watching the subsequent actions of both the U.S. and China, as well as whether other countries will be drawn into a broader trade conflict. In the short term, the market may continue to be shrouded in high uncertainty.
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