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Stock futures were deeply negative at one point but the market made an impressive turnaround helped by more TACO comments from the President.On the day:S&P 500 +0.5%Nasdaq Comp +0.6%DJIA +0.6%Russell 2000 -0.6%Toronto TSX Comp -1.0%On the week:S&P 500 +1.7%Nasdaq Comp +2.1%DJIA +1.6%Russell 2000 +2.5%Toronto TSX Comp +1.0%It was a positive week for stocks but the entire set of price action was within last Friday’s range, as we wait for trade clarity.
This article was written by Adam Button at investinglive.com.
💡 DMK Insight
In a market that often feels like a rollercoaster, the recent turnaround fueled by presidential comments serves as a reminder of the power of sentiment. Investors are clearly reacting to the narrative being spun, and it’s a testament to how quickly perceptions can shift. While the S&P 500 and Nasdaq showed resilience, the Russell 2000's dip signals that not all sectors are riding the same wave of optimism. This divergence could hint at underlying concerns that savvy traders should keep an eye on.
