#USChinaTensions The US stock market faces further declines amid financial reports
AI Summary
According to BlockBeats, analyst Adam Button from Forexlive noted that this week started off tough for US stocks as a sell-off continues, leading to further declines. The S&P 500 index fell by 3.3% and showed a slight recovery today. From a daily chart perspective, the bounce that began after US President Donald Trump suspended reciprocal tariffs on April 9 is quickly fading. Further declines of 5% may test the lows recorded earlier in April. This week, financial reports from companies, especially Tesla and Google, are eagerly awaited, although reports from many other companies may also provide economic information.$BNB