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4E: Tariff policy and economic recession worries rise, and U.S. stocks and crypto markets both fall

On February 26, according to 4E monitoring, consumer confidence in the United States fell short of expectations in February, the largest monthly decline in more than three years. In addition, Trump said that he would impose comprehensive tariffs on imports from Canada and Mexico as scheduled after the suspension period. Concerns about tariffs and economic recession have intensified. U.S. stocks fell more and more on Tuesday. The Dow closed up 0.37%, the S & P 500 closed down 0.47%, and the Nasdaq fell 1.35%. Most large technology stocks fell, with Tesla plummeting more than 8.39%, its market value falling below US$1 trillion, followed by Nvidia falling 2.8%. A recent report from Goldman Sachs stated that hedge funds are withdrawing from U.S. technology and media stocks at the fastest rate in six months, and the top seven technology stocks are falling into a technical correction zone. The crypto market fell first ahead of U.S. stocks yesterday. Bitcoin once fell to US$86,050, and Ethereum dropped to US$2,313. The cooling of meme's market and the imminent unlocking of a large number of tokens caused SOL to fall the most, falling nearly 50% in the past month. The Bitcoin Spot ETF had a net outflow of US$774 million yesterday, a net outflow that lasted for six days. The crypto market has continued to be sluggish since February and suffered another sharp decline at the beginning of the week. The panic and greed index fell to 21, a record low since September last year. In terms of foreign exchange stocks, consumer confidence data suppressed the US dollar, with the US dollar index falling 0.2%, close to the two-month low set on Monday; market concerns about the outlook for oil demand and potential peace talks in Russia, oil prices fell more than 2%; investors took profits after the gold price reached a new high, and spot gold fell more than 1.2%. A series of recent weak data suggest that the U.S. economy may be entering a recession. The S & P Index has fallen for four consecutive years, exacerbating market concerns about declining consumer confidence and the impact of tariff policies on the economy. Traders generally remain cautious and wait for more economic data and policy guidance. 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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