4E: Gold skyrocketed, the crypto market rebounded across the board, this week focusing on PMI and tech giants in Europe and the United States

April 21 news, according to 4E monitoring, Trump's policy continues to be at the forefront of the market narrative, tariff uncertainty continues to weigh on U.S. stocks, the three major indexes closed down for the third consecutive week last week, the Dow fell 2.66%, the S & P 500 fell 1.5%, the Nasdaq fell 2.62%, and technology stocks led the decline.
The crypto market showed resilience and performed relatively independently. Bitcoin held steady at $84,000 in a narrow range last week. On Monday, in early Asian trading, it was driven by the sharp drop in the US dollar index and the 2% surge in gold futures. Bitcoin quickly rose to break through the 87,000 dollar, reported at $87415 before the deadline, up 2.5% in 24 hours. Counterfeit products rebounded comprehensively, with the AI sector leading the way, rising by 7%. Other sectors rose by 1% - 2%, and market sentiment tended to be optimistic.
Tariff uncertainty hangs over the market, with investors watching US and multinational consultations in the coming weeks to gain a better understanding of the scale and scope of tariffs. This week, the US and Europe will release preliminary April manufacturing and services PMI values simultaneously, which will reflect the first impact of Trump's tariffs. In addition, the market is concerned about the upcoming release of the latest earnings reports of tech giants such as Google and Tesla, and investors are trying to find market anchors in corporate earnings guidance.