Group 1 - Vale, a global iron ore and nickel producer, closed at $15.57, up 4.29%, with trading volume reaching 57.9 million shares, 74% above its three-month average [1] - The S&P 500 gained 1.16% and the Nasdaq Composite added 1.18%, indicating a positive market trend, particularly in the materials and mining sector [2] - Material and mining stocks, including Vale, surged as tensions eased regarding a U.S. takeover of Greenland, following President Trump's speech at the World Economic Forum [3][4] Group 2 - Investors reacted positively to the removal of recently threatened new tariffs, contributing to the rebound in mining stocks [4] - Vale has experienced significant growth of 592% since its IPO in 2002, highlighting its long-term performance potential [1]

Core Insights - Bitcoin ETFs experienced significant inflows of over $1 billion in the first two trading days of 2026, indicating a temporary resurgence in investor risk appetite, which has since diminished due to a three-day outflow streak [1][2] Group 1: ETF Performance - The 11 U.S.-listed spot ETFs have seen a cumulative net outflow of $1.128 billion over the past three days, nearly erasing the initial net inflow of $1.16 billion [2] - Year-to-date inflows for Bitcoin ETFs are nearly flat, suggesting a lack of conviction among institutional investors, as early optimism has been replaced by a more cautious outlook [3] Group 2: Market Sentiment - Macro conditions have tightened risk appetite, with traders seeking positive macroeconomic cues, leading to a risk-averse sentiment in the crypto market [4] - Bitcoin's price has dropped from highs above $94,600 to lows below $89,300, reflecting the broader risk-off sentiment that has affected both crypto and equity markets [4] Group 3: Upcoming Economic Data - Market volatility is expected to increase following the release of the U.S. nonfarm payrolls report, which is anticipated to show a job addition of 55,000 in December, down from November's 64,000 [5][6] - A softer labor market could support risk assets, while resilient employment data may keep crypto and broader markets within a range [7]