4E: Market Cautious as Tariff Uncertainty Persists, US Stocks Under Pressure, Crypto Market Trading Sideways

Blockbeats
Yesterday

BlockBeats News, April 18th, according to 4E Monitor, ongoing tariff uncertainty continued to weigh on the US stock market. On Thursday, the three major indices closed with mixed results: the Dow fell by 1.33%, the S&P 500 rose by 0.13%, and the Nasdaq edged down by 0.13%. The US stock market will be closed on Friday for Good Friday. This week, the three major indices experienced their third consecutive week of decline, with the Dow down 2.66%, the Nasdaq down 2.62%, and the S&P 500 down 1.5%.

The crypto market traded sideways, with Bitcoin holding steady around $84,000 and Ethereum hovering below $1,600, while the altcoin market saw reduced volatility. Investors remained cautious amid tariff policy uncertainty, with concerns in the derivative markets about a potential downturn outweighing expectations of an upward move.

In the forex and commodities market, the US Dollar Index slightly declined by 0.01%, marking its third consecutive week of weakness. Driven by the weakened US dollar and optimistic comments on energy trade from Trump, oil prices surged by over 3% on Thursday, with a cumulative increase of about 5% for the week. Gold prices retreated from their highs, with spot gold falling by 0.46%.

The ECB maintained its accommodative stance, while the Fed remained cautious. Trump harshly criticized Powell's rate policy in a Thursday post, stating that it was "always too late and wrong," and emphatically stating that firing Powell was urgently needed. The market is watching closely to see if Powell will adjust the policy under political pressure. eeee.com, as a financial trading platform supporting assets such as cryptocurrencies, stock indices, gold, and forex, recently launched a USDT stablecoin financial product with an 8% annualized yield, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate your assets reasonably.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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