Wall Street still isn't happy. US stock markets recovered on Tuesday with down morning markets shifting to mixed results in the afternoon after Ukraine blinked in ceasefire talks and Canada reversed course in an electricity showdown.
You can track the Dow HERE in real time.
The three most-watched exchanges, the Dow, the S&P 500 and the Nasdaq showed the same pattern, a slumping day until word leaked from Saudi Arabia that representatives of Ukraine and the US have a new agreement for a temporary ceasefire that can be used as a springboard for serious peace talks with Russia; followed by news that Ontario's premier will suspend a 25% electricity surcharge levied against US electricity customers.
By the end of the day, the Dow was down 478.23 or about 1.14% to close at 14.433.48, while the S&P 500 was down 0.76% or 42.49 points to settle the day at 5,572.07, and the Nasdaq closed down 32.23 or 0.18% to end at 17,436.10.
Factors for Monday's losses included:
One is this week's deadline to fund the government or face a partial government shutdown Friday. Democrat minority leader Hakeem Jeffries says his caucus will not vote for the plan put out there by the House GOP.
Another factor is the uncertainty tied to the expiration of the Trump tax cuts. Republicans want to extend them or even make them permanent. The fact that there is no signal as to when or even if that will happen has investors nervous.