On January 27, according to 4E monitoring, the three major U.S. stock indexes rose for four consecutive days last week, but fell across the board on Friday, but all recorded a second consecutive week of gains. The S&P 500 rose 1.74% last week, the Dow Jones rose 2.15%, and the Nasdaq rose 1.65%. Among the large-cap tech stocks, only Tesla and Apple fell last week, down 4.7% and 3.1% respectively.
The cryptocurrency market continued to fluctuate downward, with Bitcoin briefly breaking through $109,000 on Tuesday, the day of Trump's inauguration, setting a new all-time high before retreating. But supported by a series of friendly executive orders from Trump, it fluctuated around $105,000 last week. This morning, affected by the across-the-board plunge in U.S. stock index futures, Bitcoin plummeted nearly 3.6%, breaking below $101,000, basically wiping out the gains of the past 7 days. Driven by Bitcoin, the altcoin market collectively plummeted, with the AI and MEME sectors leading the decline, and the market sentiment tending to be pessimistic.
In the foreign exchange and commodity markets, the U.S. dollar index fell more than 0.5% on Friday and fell about 1.7% last week, hitting a new one-month low and the largest weekly decline in more than a year. Affected by Trump's promise to vigorously promote oil production and call on OPEC to lower oil prices after taking office, oil prices continued to fall. Spot gold rose nearly 3% last week, achieving four consecutive weekly gains, supported by the weakness of the U.S. dollar and the uncertainty of Trump's policies.
This week is the "Super Central Bank Week", with the Federal Reserve, the European Central Bank and other countries releasing interest rate decisions on Thursday, as well as the release of Q4 GDP data in the U.S. and Europe, the core PCE inflation indicator, and financial reports from tech giants such as Apple and Tesla. The market is cautious about the many risk events in the coming week. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets, and has recently launched a USDT stable coin wealth management product with an annualized yield of 5.5%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.
