Market Brief 11 April, 2025

Good evening, investor! The markets are experiencing a volatile week, driven by escalating trade tensions between the US and China. The S&P 500 Index (GSPC) is up by 1.99% and currently trading at 5,367.12, while the Nasdaq 100 Index (NDX) is up by 1.93% and currently trading at 18,664.67. The Federal Reserve has signaled its willingness to intervene if necessary to stabilize markets, which has provided some relief. The US dollar has weakened significantly, reaching a three-year low, while gold has surged to a record high. The US has repealed the controversial IRS DeFi broker rule, which is a major win for the cryptocurrency industry.