The U.S. stock market rally could be in for a rude awakening Tuesday after a source at the White House confirmed that President Trump was undecided about backing a new budget deal proposed by congressional leaders. The Dow surged by as much as 317 points earlier in the session on reports that a new deal was imminent. DOW RALLY PREMATURE? All of Wall Street’s major indexes reported big gains after the open. The Dow Jones Industrial Average surged 287 points, or 1.2%, to 25,340.29. The gains reflected a strong pre-market session for Dow futures as investors pounced on news that
The post How the Dow Just Set the U.S. Stock Market up for Another Massive Fall appeared first on CCN
* First published on ccn.com
