On March 27, according to 4E monitoring, Trump's tariff news once again hit the market. On Wednesday morning, rumors spread that Trump would announce car tariffs, causing U.S. stocks to fall, with the three major indexes declining for the first time in four trading days. The Dow Jones dropped 0.31%, the S&P 500 fell 1.12%, and the Nasdaq plummeted 2.04%, marking its largest single-day decline since March 11. Tech stocks led the decline, with Tesla and NVIDIA falling over 5%. The crypto market became more volatile, with Bitcoin falling below $86,000 due to U.S. stock market pressure. After market close, it quickly rebounded, reporting at $87,500 at the time of writing, with a slight 0.2% drop in 24 hours. Other mainstream tokens mostly showed small declines, with Ethereum struggling to maintain $2,000. The JELLYJELLY incident that drew attention yesterday once again exposed how whales can easily manipulate the market and revealed that Hyperliquid's decentralization is not truly representative. In the forex and commodities market, the U.S. dollar index was mostly rising on Wednesday. After the White House confirmed the announcement of new car tariffs, its gains quickly expanded to nearly 0.5% intraday. Crude oil inventories dropped more than expected, with WTI and Brent crude rising nearly 1.8% and 1.6% respectively, reaching new highs this month. Gold pulled back at high levels, slightly down 0.1%, marking its third decline in four days. After consumer confidence unexpectedly softened on Tuesday, Trump announced on Wednesday after U.S. market close a 25% tariff on all imported cars. Simultaneously, "reciprocal tariffs" will be clarified in the coming days. With the Trump administration about to intensively introduce tariff policies, two Federal Reserve officials issued impact warnings, and market concerns about economic prospects have raised risk-averse sentiment. eeee.com, as a financial trading platform supporting cryptocurrencies, stock indexes, bulk gold, forex, and other assets, has recently launched a USDT stablecoin financial product with an annualized yield of 8%, providing investors with potential hedging options. 4E reminds you to be aware of market volatility risks and allocate assets reasonably.
4E: Trump's tariff news hits the market again, US stocks and crypto markets fall
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