S&P 500’s Nine-Day Rally Crashes as Trump Sparks Market Chaos

Wall Street’s winning streak crumbles under political turbulence—because nothing fuels uncertainty like a presidential tweetstorm.

Investors flee to safety as Trump’s latest threats send shockwaves through equities—proving once again that markets hate surprises more than bad fundamentals.

Bonus jab: Traders now pricing in ’impulse risk’ alongside inflation and interest rates.

Trade deals are close

Treasury Secretary Scott Bessent suggested trade deals are near, echoing Trump’s comments that new agreements could arrive this week. Still, many investors remain skeptical. 

The pullback comes ahead of a key Fed decision on Wednesday. Markets are pricing in just a 3.2% chance of a rate cut, but investors will closely watch Fed Chair Jerome Powell for commentary on the economic outlook amid trade uncertainty.