On February 11, President Trump signed an executive order on Monday to impose a 25% tariff on steel and aluminum imports from all countries, but the market did not have a negative reaction as the news was expected. According to 4E monitoring, US stocks rose across the board on Monday, with technology stocks, chip stocks, and AI concept stocks performing strongly, driving the three major indices to rise, with the Dow Jones up 0.38%, the S&P 500 up 0.67%, and the Nasdaq up 0.98%. Most large-tech stocks rose, with Nvidia up nearly 3% and up for five consecutive days, up more than 14% cumulatively, basically emerging from the shadow of DeepSeek.
The cryptocurrency market also rebounded against the backdrop of the overall rise in US stocks, with Bitcoin rising nearly 2% in 24 hours, currently fluctuating around $97,000. Strategy company disclosed that it spent $742 million last week to purchase about 7,633 Bitcoins, which also boosted market confidence to some extent. In the second round of decline, Bitcoin showed strong support between $95,000 and $98,000. Driven by Bitcoin, Ethereum and other Altcoins generally rebounded, and the AI sector rebounded strongly after a significant decline, with the MEME sector becoming active again and becoming the focus of market attention.
In the foreign exchange and commodity markets, Trump's tariff threat heightened trade tensions, with the US dollar index rising 0.26%, and safe-haven demand driving gold to continue its upward trend, with spot gold rising 1.63% to a new high of $2,911. The renewed tensions in the Middle East and Russia's oil production falling short of expectations have eased market concerns about oversupply, and oil prices have risen more than 2%.
The market is concerned that the tariff policy may exacerbate US inflation, and investors are closely watching the testimony of Federal Reserve Chairman Powell on Tuesday, where he will deliver a speech on the semi-annual monetary policy report. In addition, the market is also focused on the release of the US January CPI and Thursday's PPI inflation data. eeee.com, as a financial trading platform that supports cryptocurrencies, stock indices, gold, and foreign exchange assets, has recently launched a USDT stablecoin 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.
