US equity close: Red wave in politics, green wave in markets

In addition, Powell was what he always is: A dove.

Closing changes:

• S&P 500 +0.7%
• Nasdaq Comp +1.5%
• DJIA flat
• Russell 2000 -0.2%
• Toronto TSX Comp +0.8%

The market is convincing itself “he didn’t mean it” on tariffs and the strongest evidence for that was the 5% rally in China ETFs today.

This article was written by Adam Button at www.forexlive.com.