april third is in the books the first
day of the new quarter this is a New
York minute US stock market started a
new quarter on the back foot with the
sp500 falling by as much as 0.8% by
midday New York car companies were the
biggest drags after poor sales dented
sentiment the market regained its
footing in the afternoon is more buyers
emerged pairing Monday's loss to just
0.2 percent the recovery was mirrored in
the VIX index Wall Street's big age by
midday the Vixen jumped its highest
since last Monday when investors
initially reacted badly to the collapse
of the US health care overhaul but the
volatility gates eventually settled down
on the day reflecting to buy the dip
mentality that raised on Wall Street
these days signs of a fading optimism
over the Trump trade was more apparent
in the US Treasury market with a
benchmark 10-year US government bond
yield fell seven basis points to its
lowest level since februari 24th the
difference between short and long term
Treasury yields a good measure of
whether investors really think in
economic growth is back take off also
felt its lowest level since the US
election