According to ChainCatcher's message, based on 4E monitoring, the US stock market continued the rebound momentum of last Friday on Monday, and investors sought to buy the dip after the market had fallen for four consecutive weeks, driving the index to rise. At the close, the Dow Jones index rose 0.85%, the Nasdaq rose 0.31%, and the S&P 500 index rose 0.64%. Most large-cap tech stocks fell, with Tesla leading the decline at 4.83%, down more than 40% so far this year.
The cryptocurrency market fluctuated narrowly and performed rather flat overall, with Bitcoin basically hovering around $83,000, closing at $83,389, up 0.15% in 24 hours. Other major tokens mostly showed small gains, with Ethereum striving to stand firmly above $1,900, and the BNB chain MEME market recovering, showing strong performance, up nearly 18% in the past 7 days.
In the foreign exchange and commodity markets, the cloud of Trump's trade protectionism continued, with the US dollar index falling 0.33% to a five-month low; affected by geopolitics, oil prices rebounded for two days, with US oil up 0.59%; gold was driven by safe-haven sentiment, with spot gold up 0.57%, hitting a new all-time high for three consecutive days.
Trump's tariff rhetoric has temporarily subsided, and the market is closely watching the global central bank meetings. The Federal Reserve is expected to keep interest rates unchanged on Wednesday, and Powell's post-meeting remarks will be closely watched, as he has previously stated that he is "in no hurry" to cut interest rates. Investors will look for any changes in his rhetoric.