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With the S&P 500 (^GSPC) on the brink of a 10% correction, stocks attempted a rebound on Wednesday following a better-than-expected inflation reading.
As with most of the recent market action, the rally proved to be stop-and-go as news that Canada would slap retaliatory tariffs on the US sent the major indexes into negative territory before an eventual rebound throughout the afternoon.
The whipsaw nature of stocks as of late fits what many investors have been saying about the recent drawdown: ...
>>> Read more: The stock market's fate all depends on tariffs
As with most of the recent market action, the rally proved to be stop-and-go as news that Canada would slap retaliatory tariffs on the US sent the major indexes into negative territory before an eventual rebound throughout the afternoon.
The whipsaw nature of stocks as of late fits what many investors have been saying about the recent drawdown: ...
>>> Read more: The stock market's fate all depends on tariffs