Stocks Glow Amidst a Divided Economic Atmosphere

Last Friday, the stock markets in America were like a playground, and the lights were lit up. The S&P 500 rose by about 1.81%, NASDAQ increased by 2%, and Dow Jones proved its worth by rising more than 1.5%. Additionally, the strong earnings report from JPMorgan played an important role in boosting morale despite Jamie Dimon's warnings about "significant disruptions" coming due to macroeconomic instability.

Bonds are not relaxing.

American bonds, especially Treasury bonds, saw 10-year bond yields rise to 4.59%, and the bond market experienced its worst weekly drop since 2019. When the US Dollar Index (DXY) fell below 100, it opened the door for a positive signal for Bitcoin because a weaker dollar often supports digital assets.