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

On April 10, according to 4E monitoring, after Trump announced a 90-day tariff suspension on countries that did not take retaliatory actions, investor panic reversed significantly, U.S. stocks rose sharply during the session, and the three major indexes closed up sharply across the board. The Dow rose 7.87%, the largest one-day gain since March 25, 2020; the S & P 500 surged 9.52%, its best one-day performance since 2008; the Nasdaq index rose strongly above 12%, recording the second-largest one-day gain in history. Technology stocks performed well. The Big Seven Index surged 14.00%, and the total market value surged by US$1.85 trillion in one day. The crypto market has collectively skyrocketed. Bitcoin has continued to climb from yesterday's low of US$74,000. It was around US$83,000 before the deadline, and rose above 8.7% in 24 hours. Ethereum rebounded from a low of $1385 to 1660 before deadline, a 24-hour gain of nearly 14.6%. Other altcoins also saw sharp gains, with the total market value of crypto rising 8.4% in 24 hours. However, market sentiment has not yet been significantly restored, showing a strong sense of uncertainty about the recent tariff war. In the foreign exchange bulk market, trade disputes are still in place. The US dollar index rebounded and lost 0.10%; crude oil rebounded strongly, rising more than 5% when it hit a daily high in noon; spot gold fluctuated upward throughout the day, rising 3.27% in late New York. Recently, the market has reacted violently to tariff news. Although there are some positive news that has alleviated some market sentiment, the "probation" policy has not completely eliminated uncertainty, but may bring more chaos. As a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets, ee.com recently launched a USDT stablecoin wealth management product with an annualized yield of 8%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and rationally allocate assets.

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