How the Dow Just Set the U.S. Stock Market up for Another Massive Fall

2019-2-12 19:49

The U. S. stock market rally could be in for a rude awakening Tuesday after a source at the White House confirmed that President Trump was undecided about backing a new budget deal proposed by congressional leaders.

The Dow surged by as much as 317 points earlier in the session on reports that a new deal was imminent. DOW RALLY PREMATURE? All of Wall Street’s major indexes reported big gains after the open. The Dow Jones Industrial Average surged 287 points, or 1. 2%, to 25,340. 29. The gains reflected a strong pre-market session for Dow futures as investors pounced on news that

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