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    You are at:Home » Stocks rebound, Bitcoin flirts with $84k amid easing trade concerns
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    Stocks rebound, Bitcoin flirts with $84k amid easing trade concerns

    James WilsonBy James WilsonApril 11, 2025No Comments2 Mins Read
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    On Friday, April 11, U.S. stock markets showed resilience, recovering from earlier losses driven by escalating trade tensions and inflation worries.​

    U.S. stocks climbed despite early week volatility, as consumer sentiment dropped and 10-year Treasury yields rose, while investors digested new tariff developments in the U.S.-China trade dispute.

    The S&P 500 gained 1.81% after fluctuating throughout the day. The Nasdaq Composite also swung between gains and losses before finishing up 2.0% while the Dow Jones Industrial Average jumped over 1.5%.

    Bitcoin (BTC) briefly traded above $84,000 before settling at $83,796 at the time of writing.

    Caution as the markets look ahead 

    Concerns lingered over the U.S.-China trade dispute. China’s recent decision to raise tariffs on U.S. goods to 125% in response to the U.S.’s 145% tariff hike has intensified market volatility.

    Investor sentiment was bolstered by JPMorgan Chase’s robust earnings report, which surpassed expectations with an EPS of $5.07 on $45.31 billion in revenue. However, CEO Jamie Dimon cautioned about “considerable turbulence” due to ongoing economic uncertainties.

    In commodities, gold futures surged to a new record above $3,200 as investors sought safe-haven assets amid market uncertainty. 

    Looking ahead, investors remain cautious, balancing strong corporate earnings against geopolitical tensions and inflationary pressures. 

    The market’s ability to navigate these challenges will be crucial in the coming weeks.​



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