It’s the end of another week of trading. The S&P has gained 2% through the first four days of the week. As I write this, the index futures are down in pre-market trading. With little consequential news on tap, it could be some profit-taking after earlier healthy gains.
Investors continue to contemplate what Trump’s tariffs will mean for their portfolios. That should mean above-average volatility in the near term. Investors will adjust appropriately once President Trump has laid his tariff cards on the table. Until then, it’s all speculation.
