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  • 16:27
    US consumer confidence and inflation expectations deteriorate sharply
    PANews, April 11 (Xinhua) -- Consumer confidence in the United States deteriorated sharply in April, and 12-month inflation expectations soared to the highest level since 1981, amid a disturbing escalation in trade tensions, Golden Ten reported. On Friday, the University of Michigan released a consumer confidence index that fell to 50.8 from March's final reading of 57.0, and economists predicted the index would fall to 54.5.Joanne Hsu, director of the Center for Consumer Surveys, said, "The decline was widespread and consistent across all ages, incomes, educations, geographic regions and political affiliations. " ‘Consumers are reporting multiple warning signs that increase the risk of a recession: expectations for business conditions, personal finances, incomes, inflation, and the labour market all continue to deteriorate this month.’
  • 16:27
    Traders expect three rate cuts in 2025, first to start in June
    BlockBeats News, 11 April Traders lowered their bets on a Federal Reserve rate cut, expecting three cuts in 2025, the first to start in June.
  • 16:26
    U.S. stocks turn up across the board to recover opening losses, cryptocurrency stocks rose
    April 11, according to market information, U.S. stocks turn up across the board to recover opening losses, the Nasdaq rose 0.79%, the S&P 500 rose 0.56%. Cryptocurrency stocks rose, including:    Coinbase (COIN) up 2.56%;  Trump Media Technology Group (DJT) up 0.8%;  MicroStrategy (MSTR) up 4.93%;  MARA Holdings (MARA) up 4.3%;  Riot Platforms (RIOT) up 2.3%; Hut 8 Corp. (HUT) up 2.6 per cent.   U.S. tech stocks are mostly higher:  Microsoft (MSFT) up 0.88 per cent;  Apple (AAPL) up 0.47 per cent;  Google (GOOG) up 1.84 per cent;  Nvidia (NVDA) up 2.58 per cent;  Meta Platforms (META) down 1.12 per cent;  Amazon (AMZN) up 0.04 per cent;  Tesla (TSLA) down 0.8 per cent.
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