Dow futures were down approximately 55 points in pre-opening trading. After the past three days of stronger openings and subsequent sell-offs, today’s opening could be a bad sign for stocks.
The Dow is down 578 points this week, despite the fact economic data has been OK this week and last Friday’s jobs report was terrific. What seemed to plague the stock market Wednesday was a surge in trade worries. Although the market was cheered by Trump’s apparent softening of tariffs last week, there is still plenty to worry about.