Stocks slumped out of the gate Tuesday amid renewed worries over U.S.-China trade relations. However, the main market indexes finished well off their intraday lows – with one of the three ending in positive territory – after a strong start to third-quarter earnings season and aspeech from Fed Chair Jerome Powell that kept the door open for an October rate cut.
True to form, stocks have been volatile so far this October. On Friday, for instance, the main indexes plummeted after President Donald Trump accused Beijing of being "hostile" and threatened to hike tariffs an d cancel an upcoming meeting with Chinese President Xi Jinping.
