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According to Jinse, as reported by CME "Fed Watch", the probability of the Federal Reserve keeping rates unchanged in May is 83.2%, while the probability of a 25 basis point rate cut is 16.8%. By June, the probability of the Fed keeping rates unchanged is 32.8%, the cumulative probability of a 25 basis point rate cut is 57.0%, and the cumulative probability of a 50 basis point rate cut is 10.2%.

The three major indices of the U.S. stock market closed sharply down, with the NASDAQ falling 3.07%, the Dow Jones dropping 1.73%, and the S&P 500 Index declining 2.24%. Large technology stocks collectively fell, with Nvidia down over 6%, Tesla down over 4%, and Apple, Meta, and Microsoft down over 3%. Amazon and Google fell over 2%. Associated Tags U.S. stock markets' three major indices Dow Jones S&P 500 Index ChainCatcher reminds readers to approach the blockchain with a rational mindset and raise awareness of risks, being cautious of various virtual currency issuances and speculations. All content on the site is merely market information or opinions of related parties and does not constitute any form of investment advice. If any sensitive information is found on the site, you can click on "Report," and we will handle it promptly.