Dow Deletes 200 Points Despite Strong Fundamentals: What’s Causing It?

Within two hours since opening, the Dow Jones has fallen from 25,854 to 25,599 by 250 points in a steep short-term drop. Backed by strong fundamentals, noticeable progress in the U.S.-China trade talks, and the Federal Reserve’s decision to retain its benchmark interest rate unchanged, the Dow was on track for a strong week. Yet, on Friday, the Dow slumped and dropped 450 points from its peak to its lowest point on the day. The S&P 500 is en route towards its worst single-day performan