The U.S. stock market opened, let's take a look at the current situation of the U.S. stock market.
The Nasdaq led the decline, the S&P was shrinking the gains at the beginning of the opening, the Dow remained up, the Russell 2000 led the gains of several major stock indexes, and 5 of the 7 technology giants were green.
Gold continued to rise, and the 10-year U.S. Treasury bond rose slightly, and the current yield was stable at around 3.8%.
Overall situation assessment, the U.S. stock market is currently in the stage of continuing to trade interest rate cuts, and funds will be withdrawn from large-cap stocks and technology giant stocks to return to small and medium-sized enterprises, so the Russell 2000 led the gains and the Dow also followed the rise. After all, the expectation of interest rate cuts is very beneficial to the recovery of enterprises or real enterprises.
Some funds began to buy gold to drive the rise of gold, while a small part of funds that tend to be safe flowed into U.S. long bonds. Although the current interest rate is still in the inverted stage, as the Federal Reserve adjusts its interest rate expectations, the yield of short-term bonds will be suppressed in the future.
At present, the U.S. stock market is changing hands between large and small stocks. Although it is trading interest rate cuts and showing bullish sentiment, the positive driving effect on #BTC☀ is not very good. Let's wait until the US stock market closes or the end of the early morning trading.
