According to ChainCatcher, based on 4E monitoring, uncertainty in tariffs continues to pressure US stocks. On Thursday, the three major indices closed with mixed performance, with the Dow Jones dropping 1.33%, S&P 500 rising 0.13%, and Nasdaq slightly declining 0.13%. US stocks will be closed on Friday for Good Friday. This week, the three major stock indices have fallen for the third consecutive week, with the Dow Jones declining 2.66%, Nasdaq down 2.62%, and S&P 500 falling 1.5%.
The crypto market is experiencing narrow fluctuations, with Bitcoin remaining stable at $84,000, Ethereum hovering below $1,600, and the altcoin market showing reduced volatility. Investors remain cautious amid tariff policy uncertainty, with derivative market concerns about potential declines outweighing expectations of growth.
In the foreign exchange and commodities market, the US dollar index slightly dropped 0.01%, continuing its third week of weakness. Driven by the weak dollar and Trump's optimistic comments on energy trade, US oil surged over 3% on Thursday and has accumulated approximately 5% this week. Gold prices retreated from highs, with spot gold declining 0.46%.
The European Central Bank continues its loose monetary policy, while the Federal Reserve maintains a wait-and-see attitude. Trump posted on Thursday harshly criticizing Powell's interest rate policy as "always too late and wrong", directly stating that firing Powell is urgent. The market is focused on whether Powell will adjust his policy due to political pressure.
