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13:34
US stocks open with a strong rally in the crypto sector, SharpLink (SBET) surges more than 10%
Odaily reports that according to msx.com data, the US stock market opened with the Dow Jones up 2.86%, the S&P 500 Index up 2.62%, and the Nasdaq up 3.61%. The crypto sector saw a strong rally across the board, with SharpLink up 10.10%, Strategy (MSTR) up 8.45%, Bitmine up 8.13%, a certain exchange up 7.56%, Circle up 7.42%, and Solana up 2.73%. It is reported that msx.com is a decentralized RWA trading platform that has launched hundreds of RWA tokens to date, covering targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and US stock and ETF tokens.
13:33
U.S. stocks opened higher, with the Nasdaq up 789 points at the open
U.S. stocks opened with gains; the Dow Jones rose by 1,325 points, the Nasdaq increased by 789 points, and the S&P 500 index was up 2.56%.
13:27
JPMorgan sales department says reduced war risk may indicate the stock market has bottomed out
"Event-driven sell-offs often coincide with the stock market bottoming out when uncertainty peaks," wrote Matthew See, Head of Asia Pacific Specialist Sales and Market Thematic Business at the bank, in a report. "Driven by this news, the systematic de-risking seen over the past two months is expected to reverse sharply." De-risking refers to the process in which institutional investors such as hedge funds reduce exposure by simultaneously cutting both long and short positions. At Barclays, equity strategists led by Emmanuel Cau stated that as hedge funds unwind protection measures set up to hedge against the risk of further escalation of war, the stock market is likely to experience a round of "powerful short squeezes."
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