U.S. stocks continue to rebound, the cryptocurrency market fluctuates narrowly
News on March 18, U.S. stocks continued their rebound from last Friday on Monday, as investors sought to buy the dip after four consecutive weeks of market declines, pushing indices higher. By the close, the Dow was up 0.85%, the Nasdaq was up 0.31%, and the S&P 500 index was up 0.64%. Most large-cap tech stocks fell, with Tesla leading the decline by 4.83%, having fallen more than 40% this year.
The crypto market fluctuated narrowly overall performance was relatively flat; Bitcoin hovered around $83k at press time it reported $83389 USD, a rise of .15% in past twenty-four hours. Other mainstream tokens mostly rose slightly; Ethereum is striving to stay above $1900 USD while BNB chain's meme trend has revived showing strong performance with nearly an increase of about eighteen percent over seven days.
Trump's tariff rhetoric has temporarily subsided and markets are closely watching global central bank meetings.The Federal Reserve is expected to keep interest rates unchanged on Wednesday and Powell's comments after meeting will be closely watched as he previously stated multiple times that he is "not in a hurry" to cut interest rates.Investors will look for any changes in his stance.
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