Asian and European stock exchanges were shaken a bit by yesterday's decline in US stocks, the largest drop so far this year. Uncertainty continued today, giving US shares a negative tone from the start. The biggest concern is that big concern: Just how will Trump's actions match his earlier promises, and when will his administration stop going out of their way to create dissension, nation and worldwide? The war of words continues with Mexico, and now Germany is being targeted. This is not really what Wall Street wanted to hear.
After being down nearly 200 points, the Dow finished near the day's highs, only 107 points below yesterday's close. The S&P 500 fared much better, down only 2 points (0.09% vs. the Dow's 0.54%) and the NASDAQ actually finished slightly above yesterday's close. Bonds had a better day, up about half a point on the longer maturity Treasuries. The 10-year T-note ... Log in or subscribe to continue reading.