The Tuesday rebound in the stock market market failed on Tuesday.
The S&P 500 slipped 0.4% with an hour and a half to go to go to the session. The DOW lost 270 points, or 0.6%. The Nasdaq composite fell 0.1%.
The markets exchanged aside all day before the revelation of President Donald Trump’s great price.
“Everyone continues to reflect and hope that the price announcement will be” less bad “than the fearing,” said Daniel O’Regan of Mizuho Barron. “This hope, as well as the main casualness that has occurred in the last 1.5 months, helps the market to stabilize in the short term.”
O’Regan points to the rally yesterday, when the market managed to bounce back steep to finish in positive territory on the basis of similar prices.
“It rarely happens,” says O’Regan. “Although short -term prices action after something is mixed.”
Prices reports have been everywhere, which could contribute to the uncertainty of the market – at least until the White House states its plans and sticks to it.