• 34ºc, Sunny

4E: On the eve of the tariff announcement, the US stock and crypto markets rebounded, and the market waited for policy clarity

On April 2, when Trump's "reciprocal tariffs" came, market sentiment experienced repeated tests, and finally bet that a clear trade policy would help stabilize the market. The three major U.S. stock indexes fluctuated violently during the session, closing mixed gains and losses: the Dow fell slightly by 0.03%, the S & P 500 rose slightly by 0.38%, and the Nasdaq rose by 0.87%. Large technology stocks strengthened across the board, with Tesla gaining more than 3%. The cryptocurrency market rose synchronously. Bitcoin was driven by the low opening of technology stocks in early trading. It was close to 82,000 US dollars. Then it rebounded with US stocks, reaching a maximum of 85,579 US dollars. It is currently challenging whether it can stand at the 85,000 US dollar mark, rising 2.36% in 24 hours. Other mainstream tokens generally rose, and Ethereum struggled to hit the $2,000 mark. Last night, a number of meme token chains on the BNB chain crashed, which severely damaged the market's confidence in meme coins. US stocks stopped falling on the eve of the "reciprocal tariff" deadline, suggesting that the market believes that Trump will not adhere to any tariff policy that will seriously drag down economic growth, and expects clear trade policy to help stabilize the market. Global attention is focused on tonight's tariff announcement, whether it can clarify the policy direction to eliminate uncertainty, and whether the intensity of tariff increases will further worsen the economic outlook.