- Investors appeared to be consolidating their gains from the last few days by engaging in some mild selling today. The S&P 500 rose 0.1% yesterday but S&P futures sunk 0.58% this morning premarket. India’s Nifty 50 rose 1.72% today but markets retreated across much of the rest of the globe.
The S&P 500 index has risen 18% from its low on April 8, after President Trump tanked stock markets globally by announcing aggressive tariffs on imports to the U.S. This morning, S&P futures declined marginally following small selloffs in Europe, the U.K., and much of Asia. It looks like investors, having enjoyed their gains from the last month, are taking some profits.
