A week ago they were being told that there was still a chance to strike a deal before the deadline hit. On Friday Trump said that talks were still continuing and going well. Now they know that neither of those things were true.
Free Traitors™, so are you going to dump all of your stocks today? Hmmmm??????
No. they DON’T know anything!
Traders have no more inside info then I do or you do. Short sellers use any opportunity to spook the markets into a sell off and then scoop up the hugely discounted equities at a fraction of real value.
Want to hear a prediction which is 100% guaranteed to come about?
There will be a trade agreement and the agreement will leave America in a much better place from the standpoint of trade.