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Daily Recap

Foreign markets basically failed to follow the US's big run in stock prices yesterday. Asian markets were mixed, the Asia Dow down just 0.01%. In Europe, almost all major markets sold off and the STOXX 600 lost 0.50%.

Three out of America's four non-US major markets were up, the exception being Mexico - affected by a couple of threats that also helped send US shares lower. The president vowed to "build the wall," even if it meant shutting down the government. He also averred that he may well terminate NAFTA. Most traders take these threats as just negotiating bluster, but you never know, and US indices all sold off to close near their lows of the day.

The Dow Industrials fell 88 points to 21,812, the S&P 500 fell 8 points to 2,444, and the NASDAQ lost 19 points, finishing at 6,278. The Transportation Average got slammed, down 115 points or ... Log in or subscribe to continue reading.


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