S&P 500 flushed not on PPI, but on that tariffs ruling uncertainty – the rally occured hours after another delay of ruling announcement. Greatest resilience was shown of course by Russell 2000 keeping still within Tuesday‘s range. The main indices bucked Bitcoin surge, and it could be also argued that oil peaked yesterday. So much for the anticipated ruling that has over two thirds odds of striking down some parts of Trump tariffs.
Read the full article here