
President Donald Trump backed off from his "unconditional surrender" brinksmanship but continues to send mixed signals about when the conflict in the Middle East between the U.S., Israel and Iran will end. Investors, traders and speculators, now accustomed to this kind of back-and-forth, bid stocks up early but sold late again during another volatile session on Tuesday.
"In somewhat of a repeat of the tariff whiplash of last April," Louis Navellier of Navellier & Associates writes, "yesterday, Trump announced that we were close to the end of the Iran conflict, and the market reversed from losses to solid gains."