The market didn’t “sell off” as you put it and didn’t drop 100 points before the close for any other reason than normal profit taking after a substantial run up and before a weekend.
As for “no signed agreement”, you have no idea what was or wasn’t signed although my guess is there was a signed document of agreement on principle with formal docs to be signed at a later date. The whole thing has to be ratified by the Senate anyway.
It did sell off on the news after it was digested. It was swift. Look at a chart. Pick a stock. Any stock. GS AMZN CMG. Don’t like those..how about AZO or BKNG.Look at the time they dove. LOOK AT THE TIME
There is no signed Agreement.
Unless you think Trump is a liar.
He is already stated that it is possible this may never be signed.
Of course, that is a negotiation tactic.
Btw, if you have never heard the phrase, buy the rumor sell the news..that is what people like me were watching for. It happened near the end of the day so the true damage couldn’t be seen.
It may recover on some tweet over the weekend..or it may sell off further next week