Wall Street opens lower after sharp rally on Trump tariff reversal

Companies remain bewildered after Trump U-turn on tariffs

President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China. The moves triggered a powerful stock market rally on Wall Street but left businesses, investors…

The American stock markets gave up a third of yesterday's top gains on Thursday. The AEX had already closed much lower than it had started the day with. Not much remains of the initial euphoria about President Trump's decision to partially suspend the introduction of import duties. Investors remain very concerned about the economy.

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Absurd fluctuations after different messages. Nasdaq went from plus 12 percent to -6 percent.

Trump’s pivot on tariffs shows that Wall Street still has a seat at his table

This past week shows that financial markets, and by proxy Wall Street statesmen like Jamie Dimon, are still guardrails on the Trump administration.

New York.- U.S. stocks were falling on Thursday, while investors are analyzing global economic prospects that have improved dramatically in 24 hours, but are still uncertain. In the first minutes of New York Stock Exchange operations, the Nasdaq technology index fell 3.15 percent, after having recorded its largest daily percentage increase in the previous day since 2001. S&P 500 was back by 2.71 percent and Dow Jones by 2.29 percent. Global mark…