US close: Wild day ends with US stocks broadly lower but far above the lows

  • Closing changes for the main North American markets
SPX daily chart Feb 3
SPX daily

It was looking like an ugly day for North American equity markets but a deal between Trump and Sheinbaum to delay tariffs by a month saved the day -- at least for now. The market took heart that the negotiations appear to be focused on halting drugs rather than broader trade grievances.

  • S&P 500 -0.8%
  • Nasdaq Comp -1.2%
  • DJIA -0.3%
  • Russell 2000 -1.1%
  • Toronto TSX Comp -1.1%
  • Mexican Bolsa +0.1%

We 're still eagerly awaiting the read-out from the Trump-Trudeau call but the President appears to be hosting a hockey team at the White House at the moment.

Today markets two weeks of Trump 2.0. It's certainly been lively.

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