The three major U.S. stock indexes finished mixed, with the Nasdaq up 0.35% to set an eight-session winning streak, while the S&P 500 fell 0.11% and the Dow Jones fell 0.56%. Tech stocks were broadly higher, and the Nasdaq’s gain for the week reached 4.68%. Blockchain-related stocks showed mixed performance.

U.S. stocks rose across the board on Thursday. The Dow rose 0.58%, the S&P 500 rose 0.6%, and the Nasdaq rose 0.8%. Tech stocks were broadly higher, with Amazon up more than 5%. The Nasdaq China Golden Dragon Index fell 1.3%, while NIO and Baidu fell more than 4.5%. Crypto-related stocks showed mixed performance.

An S&P Global Market Intelligence report shows that although the stablecoin market has already surpassed $316B, the banking industry’s strategic positioning for stablecoins is still in an early stage, with only 7% of surveyed banks developing relevant frameworks. Banks are concerned about issues such as deposit outflows and impacts on revenue, and it is expected that large banks will explore tokenized deposits, while mid-sized and smaller banks will use fiat deposits to participate.

After Donald Trump’s announcement of a two-week temporary ceasefire between the U.S. and Iran, the three major U.S. stock indexes rebounded sharply. The Dow gained more than 1,300 points, posting its best performance in nearly a year. The market is confirming a partial bottom, and it is expected that the S&P 500 will rise to 7,300 points within the year. Sectors such as technology stocks are seen as having promising prospects.

Well-known analyst Tom Lee said in an interview that despite the U.S.-Iran conflict and rising oil prices, the stock market did not fall, showing that the market has strong resilience. He believes that most S&P constituents have undergone significant adjustments, that the worst-case scenario for the overall market may already be behind us, and that there is room for upside from here. He is bullish on Ethereum as well as technology, industrial, and mid- and small-cap stocks.

Gate News update: April 9. Yesterday’s close of U.S. stocks saw the Dow rise 2.85%, the S&P 500 index rise 2.51%, and the Nasdaq rise 2.8%. The crypto sector generally rose; ABTC rose more than 10.63%, BMNR rose more than 6.69%, MARA rose more than 6.03%, MSTR rose more than 3.7%, and SBET rose more than 2.88%. According to data from msx.com.

On April 8, the U.S. stock market closed: the Dow fell 0.18%, the S&P 500 rose 0.08%, and the Nasdaq rose 0.1%. The crypto market was mixed—TRON fell by more than 7.92%, while CRCL rose by more than 2.14%. The decentralized RWA trading platform msx.com has launched hundreds of RWA tokens.

Goldman Sachs’ research report says that technology stock valuations have become relatively cheap, making this a good time for investors to enter the market. Even though returns in the technology sector have been lackluster, its earnings performance remains strong—especially with an expected growth of 44% in the S&P 500.

Gate News, on April 7, U.S. stock index futures for the three major benchmarks saw a quick rise. Dow Jones index futures rose 0.12%, S&P 500 index futures rose 0.03%, and Nasdaq 100 index futures edged down 0.01%.