I highlighted the fall into the opening gap earlier today and now it's entirely closed. The index was down by 0.5% at the lows a few minutes ago and is now trading at +0.3%.
The question in the market is whether 'reciprocal but not reciprocal' tariffs will go into effect at midnight along with 50% tariffs on China and there were many betting Trump would back off. There is no evidence of that yet.
I would argue that even if we go back to 10% across-the-board tariffs, then we still have a problem in the economy, likely retaliation and too many rate cuts priced in.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about s p 500 briefly turns negative after giving back a 4 gain was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( S&P 500 briefly turns negative after giving back a 4% gain )
Also on site :
- Travel Warning Issued For Millions Across US
- ‘Change is inevitable’: What is next for Iran?
- Australian Open: Sinner overcomes cramps; Keys, Pegula advance; Osaka withdraws