Friday down, Monday holds on, Tuesday down, Wednesday pops
The entire movement was due to political news. Yes, news on trade is important because trade is purportedly affecting the US economy. I believe that notion is debatable. Trade and tariffs, yes, they are affecting the stock market because they interfere with visibility. However, the economy will adjust with changes in logistics, and also currencies will nullify the tariff cost we do bear. Right now, "animal spirits" have suffered, but they will return. As long as we continue to lower the regulatory burdens and taxation low,