Yesterday’s rally in US equities is now nearly erased with the S&P 500 down 48 points, or 0.8% and at a session low.
War and war worries are dominating trading today and leading to a large bid in the US dollar. Everyone is trying to figure out what Trump meant in his latest comments, what comes next and what the long game for Iran is.
It will only take 10 points of additional selling to fill in Monday’s gap.
This article was written by Adam Button at www.forexlive.com.
