One Awful Day Ruins Week for S&P 500 as Trump Drama Gets Serious
Why Tech Stocks Are the Story of the Market This Month
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The Trump trade had its first major test as investors sold down stocks at the fastest rate since before the election on Wednesday. It may not have broken the S&P 500’s momentum, but it certainly made a dent.
Investors navigated a swarm of headlines from the White House. The biggest revelation, reports that President Donald Trump asked former FBI Director James Comey to drop the bureau’s investigation into ties between the administration and Russia, sent markets reeling as the S&P 500 posted its worst day since September.