Stocks Glow Amidst a Divided Economic Atmosphere

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

Bonds Are Not Relaxing

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