Of Suzanne McGee

(Reuters) – Investors nervously expected the United States negotiation Open after the sale of Wall Street last week after the announcement of the Trump Administration’s rates, scheduled that another week of turbulence as other nations react.

In two days after Trump Wednesday’s Wednesday’s ad, the S&P 500 reference index dropped by 10.5% and lost about $ 5 trillion market value. It was the largest loss of two days since March 2020. On Thursday and the strong slide on Friday they reduced the S&P 500 more than 17% compared to the closure of all time of February 19 and approached it to the territory of the Bear market, which would be a decrease of 20%.

Futures will open to Sunday at 1800 ET (2200 GMT), which will indicate how trade can be seen on Monday.

“The bull market is dead,” said Mark Malek, Investment Director of Siebert Financial. “We could see some gains in the coming days, but for the moment they will not be sustainable.”

The rate calendar, which coincided with the beginning of the first quarter results season, contributes to shady perspectives, said Malek.

In Sunday morning talks, Trump’s main economic advisers sought to portray rates as an experienced reposition. Treasure Secretary, Scott Bessent, told NBC News “” Meet the Press “that there was no” reason “to foresee a recession.

Some traders believe that the securities market will try at least one comeback.

“At some point this week it is inevitable that we will have a bigger day,” said Steve Sosnick, Investment Strateg of Interactive Brokers.

The question is maintained about the sustainability of any manifestation.

“We may see one day this week where the screens are green, but any lasting manifestation cannot reach for three or four weeks,” said Alex Morris, F/M Investment Investment Director. “At this point, people will start saying that we got enough air from the balloon.”

(Report by Suzanne McGEE; Sinead Carew’s additional reports; Leslie Adler edition)