U. S. stocks in the previous session had suffered their worst day since before Trump’s election as investors worried
that the president’s difficulty in overhauling healthcare was a sign he would also face trouble pushing through promised corporate tax cuts that have been behind the market’s record-breaking rally since November.
The S&P 500 posted 12 new 52-week highs and 14 new lows; the Nasdaq Composite recorded 22 new highs and 87 new lows.
(Reuters) - Wall Street ended mixed after a choppy session on Wednesday as investors focused on President Donald Trump’s struggle to push through a healthcare bill
and snapped up stocks after a steep drop the day before.
Alan Lancz said that Investors with a lot of cash used yesterday’s downturn and the morning’s weakness today as a buying opportunity,