Global Market Crash! US Stocks Plummet for Multiple Reasons.
In the evening, US stocks continued to plummet. The Federal Reserve recently stated that the US inflation expectation for February increased to 3.13%, up from the previous value of 3.0%.
Among them, the Nasdaq index fell nearly 4%, the Dow Jones dropped over 1%, and the S&P 500 index fell over 2%.
Bitcoin also continued to plummet, and as of the time of writing, Bitcoin fell below $80,000.
Trump's Statements Raise Greater Concerns
On Monday morning, relevant indicators showed that US credit risk reached its highest level this year, and investors expressed renewed concerns about the economic situation under tariffs and federal layoffs.
Regarding the fluctuations in the stock market and the economic recession, Trump had previously responded, but his responses even heightened public concerns about the associated risks.
According to media reports, on the evening of the 9th, aboard Air Force One, a reporter asked Trump to clarify his views on a possible economic recession in the US, to which Trump vaguely replied, "Who knows?"
When asked whether tariffs would push inflation again, Trump said, "It might. By the way, guess what? Interest rates will come down."
Regarding the fluctuations in the stock market, Trump also downplayed their impact, claiming, "You can't really just look at the stock market," and stated that he is trying to "build a strong country" from a long-term perspective.
Recently, funds have also been flowing into Chinese assets. Goldman Sachs' latest research report indicated that if policies are implemented and profit improvements gradually materialize, there is still potential for upward movement in the Chinese stock market. Goldman Sachs believes that the emergence of DeepSeek-R1, along with other recent Chinese AI models and applications, has reshaped the market narrative of China's technology industry and increased investors' optimistic expectations for the development of AI and its economic value.