#MarketRebound The market rebound is showing signs of life, with some key trends and factors driving the current surge.
*Market Performance:*
- The S&P 500 is currently trading at 5,117.60, with a 3.45% decrease.
- The Nasdaq is trading at 17,640.80, with a 3.71% decrease ¹ ².
*Driving Factors:*
- *Potential Trade Deals*: Progress on trade deals with countries like Japan and India is boosting market sentiment.
- *Institutional Interest*: Nomura Holdings Inc. has made a significant bet on the US market rebound with a $1.8 billion deal, acquiring Macquarie Group Ltd.'s US and European public asset management business.
- *Cryptocurrency Market*: The crypto market is also showing signs of recovery, with increased trading volumes, rising institutional interest, and positive macroeconomic signals ³ ⁴.
*Key Statistics:*
- *Ethereum*: Surpassed $1,800 with a 10.83% increase in 24 hours.
- *Bitcoin*: Pushed past $90,000, driven by whale activity.
*Expert Insights:*
- Despite the rebound, some experts caution that the market may not be as optimistic as it seems, citing low trading volumes and potential stagflation concerns.
- The Flash April PMI data may reignite market stagflation concerns, keeping the Fed on the sidelines ⁵.