4E: US Stock Market Sees Broad Rally with AI Stocks Leading the Way, Significant Pullback in the Crypto Market
BlockBeats News, January 23rd, according to 4E monitoring, Trump's AI plan boosts market confidence, and US stocks rose on Wednesday. The S&P 500 index closed up 0.61%, hitting a historical high intraday, while the Dow rose 0.30%. AI concept stocks led the Nasdaq up by 1.28%, with NVIDIA and Microsoft up over 4%, and Oracle up 6.75%. Among large-cap tech stocks, the only one that did not participate in Trump's AI infrastructure project, the "Stargate," was Tesla, which fell by 2.11%.
The crypto market generally experienced a pullback after a strong rise on Tuesday. Bitcoin rose above $107,000 yesterday before oscillating downward. It is currently approaching the $102,000 mark, with a 24-hour decline of nearly 3.2%. As the meme sector's heat slowly recedes, AI agent concept coins have made a full recovery in the past two days, with many hitting all-time highs. Investors have taken profits, leading to significant adjustments today. Other mainstream coins such as ETH and SOL have also experienced varying degrees of decline, with ETH down 3.8% and SOL down 2.04%.
In terms of forex commodities, the US Dollar Index touched a two-week low intraday before a V-shaped reversal closed up 0.2%. Previously, market expectations of tariffs had driven the US Dollar Index to a two-year high last week, but since Trump took office without announcing a clear plan, the dollar has fallen by about 1.2% this week. Trump plans to expand the scope of tariff imposition and has threatened to sanction Russia, leading to a decline in oil prices, with both oils hitting their lowest closing prices since January 9th. Investors are concerned that Trump's policies will trigger safe-haven demand, coupled with the US dollar briefly falling to over a two-week low, pushing up the price of gold to nearly a three-month high, with spot gold up nearly 0.7%.
Since Trump took office, investors have been closely watching the progress of his policies in various areas and their potential impact on the market. In addition, investors are focusing on the upcoming Bank of Japan meeting, with an 88% probability of a 25 basis point rate hike on Friday. The market is concerned that this decision may trigger a series of chain reactions in the global financial markets, leading to price fluctuations. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, bulk gold, and forex. It recently launched a USDT stablecoin financial product with an annualized return rate of 5.5%, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate assets rationally.
