U.S. stocks fell at the start of Tuesday's trade as major equity benchmarks took a breather from their rally after racking up significant gains in the past few weeks. The S&P 500 SPX, -0.58% retreated 34 points, or 1.1%, to 3,199. The Dow Jones Industrial Average DJIA, -0.58% shed 331 points, or 1.2%, to 27,242.
The Nasdaq Composite COMP, +0.16% fell 55 points, or 0.6%, to 9,869. On Monday, the tech-heavy Nasdaq closed at a record, and the S&P 500 erased all of its year-to-date losses. Investors continued to take optimism in efforts to reopen the U.S. economy, a day after New York City allowed some non-essential businesses to reopen.
Source: News Formal (newsformal.com)
The FED will hand more money to the PPT. No worries as Satan's bookkeepers are meeting so no down days can be allowed or the questions might get tough. Or will they allow a few down days to prevent those hard questions on wealth inequality getting worse.
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