On February 4, it was reported that the Trump administration announced over the weekend that it would impose tariffs on Canada, Mexico and China, its three largest trading partners, triggering major turmoil in global financial markets. On Monday, Trump also said that he would suspend tariff measures on Mexico and Canada for one month and continue negotiations. According to 4E monitoring, the suspension of tariffs caused a major intraday reversal in U.S. stocks, with major indices rising rapidly, halving the decline. The Dow turned higher for a while in late trading, and eventually closed down 0.28%. The S & P 500 index fell about 0.7%, and the Nasdaq closed down 1.2%. The index once fell more than 2% in early trading. Large technology stocks were mixed, with Tesla closing down 5.17%, Nvidia falling 2.84%, and Meta closing up 1.2% to a new high. The crypto market suffered a waterfall decline yesterday, starting a strong rebound after the risk of a global tariff war was curbed. Bitcoin has continued to rise since news of relief came from the United States and Mexico last night. Coupled with Trump signing an executive order to establish a sovereign wealth fund, or becoming a channel for the government to purchase and hold cryptocurrencies, Bitcoin has greatly boosted market confidence. In the early morning, it hit US$102,500, fully recovering yesterday's decline. Ethereum has returned to near US$2900, and the copycat market has also rebounded collectively, repairing the severely damaged market sentiment. In terms of foreign exchange bulk, the US dollar once rose by more than 1%, and the increase narrowed significantly to 0.6% after the suspension of US-Mexico tariffs; oil prices fluctuated following the tariff news, emerging from the pattern of rising first, then falling and then rising again; risk aversion overall raised gold, spot gold rose by a maximum of 1.1% and stood at the integer of US$2830, continuing to hit a record high. The recent tariff war has greatly affected the market. Investors are worried that a comprehensive trade war will disrupt global supply chains, raise inflation and drag down the economy. As the tariff war is suspended, the market breathed a sigh of relief. This week is a busy earnings season for U.S. stocks. More than one-fifth of S & P's components will release fourth-quarter earnings results, and U.S. non-farm payrolls data for January will also be released on Friday. ee.com is a financial trading platform that supports cryptocurrencies, stock indices, bulk gold, foreign exchange and other assets. It recently launched the USDT stablecoin wealth management product with an annualized yield of 5.5%, providing investors with potential safe-haven options. 4E reminds you to pay attention to market volatility risks and rationally allocate assets.