The night before Monday open.

The Asian markets are promising in the Hang Seng and flat in the Shanghai Composite. However, the Nikkei is down 2.43%, while the Dow, S&P, and Nasdaq futures are down -0.50 to -0.60%. If I were a betting man, I would not bet much. Bitcoin is holding strong at an 18,750 resistance level; if the markets see some confidence, may be less bleeding tomorrow.

The reason for the decline in US stocks is primarily due to interest rate hikes and weaker-than-expected economic data that was recently released. The lower-than-expected numbers added to concerns that were already present about a potential slowdown in global economic growth. In addition, traders are also keeping a close eye on developments in the ongoing trade war in Europe.

So far this year, US stocks have struggled due largely to concerns about a potential slowdown in global economic growth. In addition, the ongoing trade war between Ukraine and Russia has also caused uncertainty and volatile trading conditions. As a result, many investors have been cautious about adding risk to their portfolios.

Overall, US stock markets are looking uncertain due to weaker-than-expected economic data and concerns about a potential slowdown in global economic growth and, more recently, the interest rate hikes. In addition, traders are also keeping a close eye on developments in tensions between the United States and China. Joe Biden is a liability and has been making economic and international mistakes.

However, Asian markets are promising, with the Hang Seng and Shanghai Composite not negative. Bitcoin is also holding strong at an 18,750 resistance level. Maybe tomorrow can be the start of a short-term recovery!