The U.S. stock market opened for nearly an hour. Let's take a preliminary look at the situation.
During the opening stage, the four major indexes basically rose across the board, and technology stocks maintained most of the gains.
However, one hour after the opening, the sentiment of the U.S. stock market fluctuated significantly, the four major indexes rose and fell, and most of the seven technology giants maintained a small decline.
It seems that whether it can close up tonight is really a bit suspenseful. If it cannot close up tonight, then the next few days may be relatively sluggish.
This Wednesday, the U.S. Bureau of Labor will make a preliminary revision to the non-farm employment data. This action is to respond to the annual data review and adjustment. It is currently rumored that the employment data from April 2023 to March 2024 will be lowered by as much as 1 million people.
At the same time, Powell will speak in Jackson Hole this Friday.
These factors will make the risk market believe that the current situation is full of uncertainty and remain cautious.
If the U.S. stock market cannot maintain a rise on Monday, then the estimate on Tuesday will not be too optimistic.
For the #BTC☀ crypto market, the current "emotional" stability of the US stock market can at least make BTC more stable, and there is basically no need to expect it to bring upward momentum and emotions.
