Daily Wrap – 11 Points Off Low End of SPX’s Measured Move

Other than another day of 1-day oversold internals and the market acting consistently with that, today was a great example of rumors and news driving investors. Like recent sessions, headlines around US trade policy engrossed the equity market.  Tariffs kicked off at the start of the month. Today Commerce Secretary Lutnick told CNBC that all USMCA compliant…