After a promising departure, the stock sinks and drains the market.
It was the fourth consecutive loss as the tariff began on Wednesday.
The huge volatile market showed a huge swing once again as all major indexes ended in red on Tuesday.
Dow Jones Industrial Average has risen more than 1,000 points, S & P 500 scored almost 200 points, and NASDAQ has risen more than 600 points in its initial transactions. Relief rally was promoted by a positive report on tariff transactions between the United States and other partners.
But as the day end, it became clear that there was no big deal in the pipeline before the tariff began tomorrow April 9th.
Wild swing in the market
As a result, stocks gradually fell, closer to closed species. At the end of the day, there was a swing of more than 1,500 points in the DOW, and the swing of more than 1,000 points in NASDAQ was decisively lowered.
The S & P 500 has fallen about 79 points or 1.6%per day, and Dow has dropped 320 points or 0.8%. NASDAQ plunged 335 points of 2.1%, while Russell 2000 recorded 70 points or 3.9%.
Since the announcement of the tariff on Wednesday, the market has now fallen for four consecutive days and has suffered a big loss. The only green in the last four days is NASDAQ, scoring 16 points on Monday.
Since the announcement of the tariff on April 2, S & P 500 has fallen 12.1%, while DOW has fallen by 10.8%. NASDAQ decreased 13.2% and Russell 2000 decreased by 15%.
The S & P 500 fell 15.3% every year, while DOW was 11.5%. Tech Heavy NASDAQ has decreased 20.9% and entered the bear market. On the other hand, as Russell 2000 decreases by 21.3%, small caps are also in the bear market.
