U.S. Stock Market Dips Amid Trade Negotiation Stalemate

According to BlockBeats, the U.S. stock market experienced a slight decline on Tuesday as trade negotiations between Europe and the United States reached an impasse, leading to cautious investor sentiment. The three major indices closed with minor losses, with the Nasdaq down 0.05%, the S&P 500 falling 0.17%, and the Dow Jones dropping 0.39%. Technology stocks showed mixed performance, with the index of seven major tech companies decreasing by approximately 0.4%. In the cryptocurrency market, a broad weakening was observed. Bitcoin fell from $86,496 to $83,670, marking a nearly 2% decline over 24 hours. Ethereum dropped 2.2% below $1,600. The altcoin market also saw widespread declines, with the Meme and AI sectors leading the downturn. Despite recent volatility in financial markets, Bitcoin has remained above $80,000, demonstrating significant resilience. In the foreign exchange and commodities sectors, the U.S. dollar index's decline slowed, rising 0.59% to surpass the 100 mark. Oil prices remained largely unchanged from the previous day. Uncertainty in trade has increased the appeal of safe-haven assets, with London gold surging 1.32% to $3,272, marking a year-to-date increase of over 23%. The ongoing trade war continues to cast a shadow over the market, with U.S. President Donald Trump's tariff policies heightening concerns about a global economic slowdown. The stalemate in U.S.-Europe negotiations has further increased market uncertainty. As the U.S. earnings season begins, the release of financial reports from several major companies this week could add to market volatility.