On Tuesday, influenced by the December CPI report, the US stock market declined, and JPMorgan's earnings were modest, marking a good start to the bank earnings season. Intel's stock price broke through the key resistance level of $45, and analysts believe this is due to support from the US government, solidifying its position as a leading domestic wafer foundry in the United States. Bitcoin experienced its best single-day performance in weeks, rebounding above $94,000, with traders closely watching the $75,000 level in hopes of breaking through that price point. The US dollar index rose above the 200-day moving average, indicating that the stock market may face resistance.
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On Tuesday, influenced by the December CPI report, the US stock market declined, and JPMorgan's earnings were modest, marking a good start to the bank earnings season. Intel's stock price broke through the key resistance level of $45, and analysts believe this is due to support from the US government, solidifying its position as a leading domestic wafer foundry in the United States. Bitcoin experienced its best single-day performance in weeks, rebounding above $94,000, with traders closely watching the $75,000 level in hopes of breaking through that price point. The US dollar index rose above the 200-day moving average, indicating that the stock market may face resistance.