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Nasdaq Briefly Turns Higher on Dip Buying
Nasdaq Briefly Turns Higher on Dip Buying · Barrons.com

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The Nasdaq Composite briefly turned higher as Wall Street bought the dip in the tech-heavy index just as it was in danger of closing in correction territory. “With tariffs raising concerns about a potentially costly trade war, the S&P 500 has pulled back to its lowest level since early November,” writes writes Daniel Skelly, head of Morgan Stanley's Wealth Management Market Research & Strategy Team. “But markets dislike uncertainty, and it remains to be seen whether some of the bearishness surrounding these tariffs will dissipate now that they’ve actually been implemented.”