It was a wild roller coaster ride on Wall Street today, as the SkyNet BuyBots mounted a strong rebound from yesterday’s Fed-induced drop. At precisely 1:15 PM EDT (“funny” how that happens), Donald Trump put an end to the rally by announcing new tariffs on China.
The SellBots jumped on the news, sending US stocks sharply lower within minutes of the statement. The DJIA plunged 280 points (1.0%) and the NASDAQ tanked 64 points (0.8%).
Stay tuned as the battle of the SkyNet StockBots continues.