The BlackRock Investment Institute said on Monday that its bullish stance on U.S. stocks rose slightly after the United States announced a 90-day suspension of tariffs on most countries. A report from the research arm of asset management giant BlackRock showed that the risk of a near-term "financial accident" has eased following the Trump administration's decision to suspend high tariffs on most countries. "Policy uncertainty could weigh on economic growth and the stock market in the short term....
According to Arkham monitoring data, BlackRock bought $1 billion worth of bitcoin last week.