
Trump’s China tariffs send stocks tumbling as ‘FOMO’ rally fades, S&P 500 closes at lowest level in a year
Early Tuesday morning, stocks looked poised to stage a “Turnaround Tuesday” rally as tariff negotiation hopes ran high. By the end of trading on Wall Street, those hopes had been dashed. “At the slightest whiff of good news, people come roaring back in because that FOMO [fear of missing out] never goes away,” Interactive Brokers…