Vance: Musk will continue to serve as an advisor

VanEck plans to launch a new cryptocurrency-related exchange-traded fund (ETF) next month under the ticker symbol NODE. The ETF aims to provide investment opportunities in the broader cryptocurrency economy by investing in financial instruments and stocks related to cryptocurrency exchanges, bitcoin miners, and data centers. Matthew Sigel, head of digital asset research at VanEck, said: "NODE adopts a proactive management strategy and aims to own 30 to 60 stocks from more than 130 stocks related...

The three major U.S. stock indexes fell sharply, with the Nasdaq falling 3.07%, the Dow falling 1.73%, and the S & P 500 falling 2.24%. Large technology stocks collectively fell, with NVIDIA down more than 6%, Tesla down more than 4%, Apple, Meta, and Microsoft down more than 3%, and Amazon and Google down more than 2%.

Summary of Powell's speech on April 16: 1. Interest rate outlook: Uncertainty is high; currently in a good position, waiting for clearer signals before considering adjusting the policy stance. 2. Economic Outlook: The US economy remains "solid", with strong imports weighing down in the first quarter, and GDP growth may be lower than last year...

Federal Reserve Chairperson Jerome Powell said on Wednesday that market expectations that the central bank would act to calm the volatility may be wrong. Asked if the central bank would intervene in response to a sharp drop in the stock market, Federal Reserve Chairperson Powell said: "My answer is no...

The dollar index, which measures the greenback against major currencies, fell 0.83 percent on the day to close at 99.385 in late foreign exchange trading.

The Nasdaq widened its decline to 4%, the S & P 500 fell 2.9%, and the Dow fell more than 2%.

Spot gold broke through $3,340 per ounce, continuing to set a new record high and rising 3.43% on the day.

Federal Reserve Chairperson Powell: AI is not just a stronger version than Google, but more like a better version of humans. Artificial intelligence could be a huge change. Artificial intelligence is one of two or three factors that could bring about dramatic changes to the economy, but it is difficult to predict how it will ultimately affect. Artificial intelligence is still in its early stages.

New York futures rose to $3,350 an ounce, up 3.38% in the day.

OpenAI is reported to be in talks to acquire WINDSURF for about $3 billion.

The US Treasury won the bidding for a $13 billion 20-year Treasury issue yielded 4.81%, compared to a pre-issue trading level of 4.814% at 1pm ET. The win the bidding yield was 4.810%, compared to 4.632% last time. The bid multiple was 2.63 times, compared to 2.78 times last time. The primary dealer won the bidding for 17%, compared to 8.8% last time. The direct bidder won the bidding 12.3%, compared to 22.4% last time. The indirect bidder won the bidding for 70.7%, compared to 68.8% last time.

Federal Reserve Chairperson Jerome Powell: The Federal Reserve will not be influenced by political pressure.