US stock and crypto markets show signs of cautious optimism following news of upcoming discussions between senior US and Chinese officials.
Stocks and Futures Recover After Declines
In response to the upcoming US-China negotiations, S&P 500 futures increased by approximately 0.8%, while the Dow Jones futures rose by 196 points, or 0.42%. This rebound follows two consecutive days of market declines.
Crypto Market Shows Growth
The total cryptocurrency market cap recorded a 1.26% increase in the last 24 hours, surpassing $3 trillion. Bitcoin has risen by 2.4% intraday, remaining within a consolidation phase.
Trade Uncertainty and Focus on the Fed
Many US companies are reportedly reassessing their forecasts for 2025 due to trade uncertainty. Attention is also focused on the Federal Reserve meeting where potential changes in economic policy are discussed.
Both stock and crypto markets are reacting to news events, while caution persists due to ongoing trade uncertainties. Upcoming talks may provide further signals to the markets.
