U.S. stocks climb, Bitcoin holds gains as Trump softens tariff stance
The main American stock market indices ended in a positive territory on Monday, while Bitcoin recovered the level of $ 85,000 and is now up 7% in last week.
The feeling of investors improved after President Donald Trump announced exemptions on smartphones, computers and other components of its “reciprocal” prices.
Apple’s shares (AAPPL) were acquired after Keybanc Capital Markets analysts brought the stock from weight insufficiency to the weight of the sector, citing optimism linked to tariff exemption. The research firm noted that the pricing scenario The worst case is out of the table – at least for the moment.
“We took dry powder and put it to work last week,” said Stephanie Guild of Robinhood on CNBC. “But we have not completely deleted it either because we think that diversification is important – not only far from the dollar, but also to be careful and to balance between low volatility and growth stocks. There is a put now – I think it has been confirmed – and it is really very useful.”
Meanwhile, the VIX (VIX) volatility index fell by more than six points on Monday, while US treasury bills have dropped lower, the two signs generally considered favorable to actions.
Bitcoin (BTC) exchanged above $ 85,000 several times during the day but failed to break. However, the level of $ 84,000 has shown strong support. In particular, the wider market of cryptography has remained resilient, with investors largely imperturbable by the mantra (If) to collapse 90% as CEO Liquidations of blamed forced exchange While some investors believe The sale of initiates and fraud are to be blamed.
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