📈 Markets Rebound as JPMorgan Surprises, Bitcoin Tests $84K, and Gold Hits Record High 💥
💼 Wall Street Rally
The market saw a recovery boost after JPMorgan Chase reported stronger-than-expected earnings, posting $5.07 EPS on $45.31B revenue, beating analyst estimates. However, CEO Jamie Dimon cautioned about “considerable turbulence” ahead due to ongoing macroeconomic uncertainty.
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🥇 Gold Shines Bright
Investors rushed to safe-haven assets as gold surged past $3,200, setting a new all-time high.
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₿ Bitcoin Breaks Out
Bitcoin (BTC) briefly spiked above $84,000, before stabilizing around $83,796, gaining over 4.5% in 24 hours. Despite market volatility, BTC continues to show resilience amid global policy and economic uncertainty.
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🌍 Trade Tensions Rise
The U.S.-China trade standoff remains a key factor. President Trump paused most global tariffs for 90 days but raised tariffs on Chinese goods to 145%. In response, Beijing retaliated with 125% tariffs on U.S. imports, escalating concerns.
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⚠️ Disclaimer:
This content is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.