๐จ Market Turmoil: U.S. Stocks Drop as Tariff Policies Shake Investors! ๐จ
According to BlockBeats, U.S. stock indices faced heavy losses last week due to tariff policies impacting market sentiment. ๐
๐ป Stock Market Recap:
๐น Dow Jones: -3.1% (Worst week since March 2023)
๐น S&P 500: -2.27%
๐น Nasdaq: -2.43% (4th straight week of losses)
๐น Tech Stocks: Only Nvidia rebounded (+8%), while others slumped.
๐ฐ Crypto Market Update:
๐น Bitcoin (BTC): Dropped to a low on Tuesday but rebounded, hovering around $83,144 (+1.5% in 7 days).
๐น Ethereum (ETH): Struggling to hold $1,900.
๐น BNB: +10% this week, fueled by a $2B Abu Dhabi investment and a surge in meme coin activity.
๐ Forex & Commodities:
๐น USD Index: -0.1% last week.
๐น Oil Prices: Rebounded on Friday, marking the first weekly gain in nearly two months.
๐น Gold Hits Record High: Spot gold surged to $3,004.94, breaking the
#BNBChainMeme #StablecoinSurge #BinanceAlphaAlert #USTariffs