S&P and Dow shake off losses with Trump’s trade reassurance

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S&P and Dow shake off losses with Trump’s trade reassurance - Malay Mail

Quick Summary:

NEW YORK, March 22 — The S&P and Dow eked out slight gains yesterday, erasing earlier losses after comments from US Pres...

Yesterday’s session also marked the simultaneous expiry of quarterly derivatives contracts tied to stocks, index options and futures, also known as “triple witching”, which can exacerbate market volatility.

Markets have been under pressure in recent weeks as changing announcements about the timing and size of tariffs have clouded the outlook for corporate profits as well as the Federal Reserve’s monetary policy path.