Daily comment 4.11.2024

Stock Indices

  • S&P 500: Today, the S&P 500 shows a slight decrease as investors await upcoming economic reports from the U.S. The market remains cautious, expecting further rate hikes by the Federal Reserve.
  • NASDAQ: NASDAQ is also down, particularly in the tech sector, which is feeling the impact of new regulations and potential interest rate increases.
  • European Markets: European markets are relatively stable as the ECB keeps its policy unchanged, though inflation remains a concern.
  • Asian Markets: Asian markets closed mixed today. Japan saw moderate gains, while China remained volatile amid ongoing economic challenges.

Cryptocurrencies

  • Bitcoin (BTC): Bitcoin is trading around the $34,000 mark but has seen a slight decline as the market remains uncertain about regulations and macroeconomic trends.
  • Ethereum (ETH): Ethereum remains stable around $1,800, with investors showing increased interest in developments in blockchain infrastructure.
  • Altcoins: Altcoins like Solana (SOL) and Cardano (ADA) show minor fluctuations, with interest in DeFi and NFT projects. However, the market remains volatile.