4E: Weak consumer confidence rekindles economic concerns, US stock gains slow, and crypto markets fluctuate upward

On March 26, according to 4E monitoring, Trump might relax tariff plans, which somewhat eased market anxiety about a comprehensive trade war and supported the continued rebound of US stocks. On Tuesday, the three major US stock indexes rose slightly, continuing Monday's gains. The S&P 500 rose 0.16%, the Dow Jones rose 0.01%, and the Nasdaq rose 0.46%. Most large tech stocks increased, with Tesla rising over 3% and continuing its five-day winning streak, with a cumulative gain of 28%. The crypto market oscillated upward. Bitcoin reached a high of $88,765 on Monday before retreating, and broke through $88,000 again last night, showing strong upward momentum. At the time of writing, it slightly pulled back but remained above $87,000, with a 24-hour gain narrowing to 0.8%. Market sectors generally rose, with the meme sector continuing to perform strongly. Current market sentiment is optimistic, and historically, risk assets typically perform best in the second quarter, especially in April. In foreign exchange and commodities, the latest economic data appeared weak. The US dollar index rose to a three-week high before declining, ending a four-day winning streak. Oil prices slightly dropped due to the Russia-Ukraine agreement. With poor economic prospects, spot gold rose 0.31%, reversing the three-day correction trend. Last night's US consumer confidence index for March was below expectations, falling to a four-year low, reflecting consumer concerns about economic prospects. The weak data significantly slowed the US stock market's upward momentum, with the three major indexes barely maintaining gains. As the reciprocal tariff effective date of April 2 approaches, the market is closely watching how related policies might impact economic growth and inflation. eeee.com, as a financial trading platform supporting cryptocurrencies, stock indexes, bulk gold, and foreign exchange assets, recently launched a USDT stablecoin financial product with an 8% annual yield, providing potential hedging options for investors. 4E reminds you to pay attention to market volatility risks and allocate assets reasonably.