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US-European trade talks at a stalemate, US stocks and crypto markets retreat

On April 16th, according to 4E monitoring, due to the stalemate in EU-US trade negotiations, investors are cautious, and US stocks failed to continue the rebound on Tuesday, with all three major indexes collectively closing slightly lower, but volatility has noticeably eased recently. As of the close, the Nasdaq fell 0.05%, the S&P 500 fell 0.17%, and the Dow fell 0.39%. Tech stocks had mixed performance, with the Big Seven index falling by about 0.4%.

Cryptocurrencies weakened across the board, with Bitcoin falling from $86,496 last night to $83,670 at the time of writing, a drop of nearly 2% in 24 hours; Ethereum fell 2.2% below $1,600. The altcoin market generally declined, with Meme and AI sectors leading the way. Despite the recent severe volatility in financial markets, Bitcoin has remained stable above eighty thousand, showing strong resilience.

The shadow of the trade war continues to loom over the market, with the uncertainty of Trump's tariff policy exacerbating concerns about global economic slowdown, and the stalemate in EU-US negotiations further increasing market uncertainty. The US earnings season has begun, and this week several large companies will release their earnings reports, potentially exacerbating market volatility.

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