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Nvidia rebounded before the market opened, Tesla fell nearly 4%, stock index futures expanded their gains, and gold, silver, and oil both retreated.

On Monday, April 22, the market started a new trading week amid uncertainty following last week's continued tensions in the Middle East and repricing of interest rate cut expectations. European stocks rose slightly at the beginning of the session, U.S. stock index futures generally rose, Bitcoin stabilized at the $66,000 mark, and spot gold, silver and oil prices continued to correct.


This week, the US stock market earnings season will usher in an important chapter - Tesla, Meta, Microsoft, and Google will release their financial reports, unveiling the performance of the "Big Seven". On the macro front, the United States will release US first-quarter GDP and March PCE data, and the Bank of Japan will also announce an interest rate decision on Friday.


Stock index futures rose slightly, Nvidia rebounded before the market opened, Tesla fell 4%, and Ideal fell 7%.

U.S. stock index futures edged higher on Monday after the market plunged last week, with gains widening in the evening Beijing time. As of press time, Dow futures and S&P 500 futures were up 0.53%, and Nasdaq 100 futures were up 0.58%.


Most of the Seven Sisters rose before the market. After Nvidia fell 10% last Friday, it rebounded nearly 2% before the market opened. Meta, which fell more than 4% last Friday, rebounded more than 1% before the market opened. Google and Apple rose slightly, and Tesla fell. About 4%.

Chinese concept stocks had mixed gains and losses, with Bilibili rising by more than 2%, Alibaba and Zhihu rising by more than 1%; automobile stocks generally fell, with Li Auto falling by more than 7%, Xpeng Motors falling by more than 3%, and NIO falling by more than 3%. Over 2%.




In terms of news, Tesla has cut prices in the United States, China, Germany and other countries and around the world. Li Auto has also officially announced price cuts for its entire range of products, with some products falling by more than 30,000 yuan.


Blockchain concept stocks generally rose, with Canaan Technology rising by more than 6% and Coinbase rising by more than 3%.


Last Friday night, Bitcoin ushered in the fourth "halving" in history, that is, the rewards obtained by Bitcoin miners through "mining" were halved. The average number of Bitcoins released every 10 minutes was halved from 6.25 to 3.125. Some institutions believe that the halving may become a catalyst for the Bitcoin bull market.


European stocks edged higher in early trade

The benchmark pan-European Stoxx 600 index rose 0.3% in early trade, with most sectors in the green. Retail stocks led gains with a 1.3% gain, while auto stocks fell 1.5%.


Stock indexes in various countries performed differently. As tin and nickel rose to new highs in several months, Britain's FTSE 100 index, which includes large miners, rose 1%, Germany's DAX30 index rose slightly, France's CAC40 index was close to sideways, and Italy's FTSE index fell more than 1%. 1%. In addition, the oil company Galp Energia said that an oil field near Namibia in Africa may contain 10 billion barrels of oil, and Portugal's PSI20 index rose 2.3%.


Most of the star stocks 11 Luohan rose. GlaxoSmithKline, the pharmaceutical giant listed in the UK, rose by more than 1%, AstraZeneca rose by about 2%, and Nestlé fell by more than 1.5%.




Gold and oil pull back, Bitcoin surges higher after halving

Concerns about the escalation of conflicts in the Middle East had previously driven oil prices and gold prices to surge. However, gold has now fallen from its peak and is now trading at $2,358.75. Spot silver fell more than 4% and is currently trading at $27.49 per ounce.




As the conflict between Iran and Israel cooled down over the weekend, reducing the possibility of major supply disruptions, oil prices also fell from more than $90 per barrel to currently around $86.


Bitcoin rose 1.66% during the day, reaching the $66,000 mark.




ICE New York benchmark cocoa futures (CCc1) fell more than 3% to $11,430 a ton.


U.S. Treasury yields rise, dollar index weakens

The 10-year U.S. Treasury yield rose 3 basis points to 4.64%, returning to a five-month high of 4.696% hit last week when markets believed the Fed would not be in a hurry to ease policy amid strong economic data and persistently high inflation.


The U.S. dollar index, which measures the greenback against six major currencies, fell 0.02% to 106.1. Last week, the U.S. dollar index hit a five-month high of 106.51.