According to BlockBeats news, data released on Thursday, September 27, showed that the U.S. economy once again highlighted its resilience beyond expectations, easing market concerns about the economy. At the same time, boosted by China’s unexpected policy package, global financial markets generally rose.

According to 4E observation, the three major U.S. stock indexes rose. The S&P 500 index closed up 0.40%, setting another record high; the Dow closed up 0.62%, the Nasdaq, which is dominated by technology stocks, closed up 0.60%. Chinese concept stocks surged, and the Nasdaq closed up 0.62%. China’s Golden Dragon Index closed up 10.9%. Non-US currencies generally rose, and the Japanese yen resumed its decline; cryptocurrencies rose across the board. As of press time, Bitcoin rose 2.56%, exceeding $65,000, and Ethereum rose 0.96%.

Gold, silver, and copper all soared. Due to interest rate cuts by major central banks such as China and the United States, as well as ongoing tensions in the Middle East, spot gold’s intraday gains expanded to 1%, once again setting a new record high, and rising by nearly 30% during the year; under China’s stimulus policies, as an industrial key Materials silver prices rose more than 2.5%, hitting a 12-year high, and are up 37% so far this year.

Global central banks have taken turns cutting interest rates, China’s “policy gift package” has ignited global optimism, and U.S. economic data remains resilient, increasing investor risk appetite.

4E is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. The U.S. core PCE price index will be released this Friday night, which will provide further key clues for the Federal Reserve to cut interest rates. 4E reminds investors to pay attention to market fluctuation risks and allocate assets reasonably.

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