A late rally left the broader US equity market higher after another volatile session as President Trump's tough tariff talk continued to reverberate - Dow finished 71-points or -0.29% lower but largely erasing a fall that approached -400-points at its worst levels. Nonetheless, it was the Dow's fourth consecutive decline and marked the first such streak since September last year. The broader S&P500 staged a late rally to end +0.51% higher and snap a three session losing streak. Foot Locker Inc fell -12.7% after the athletic shoe and apparel retailer missed fourth quarter sales expectations and provided a downbeat full-year outlook. The technology-centric NASDAQ rallied +1.08%. The small capitalisation Russell 2000 index was the best performer, jumping 1.71% to log its best single session performance in ~2-weeks. Markets were initially roiled by President Trump flexing his fingers on Twitter with the message "When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore - we win big. It’s easy!" President Trump officially has until April 11 to announce his final decision around the tariffs. For the week, the Dow lost -3.05%, S&P500 -2.04% and the Nasdaq -1.08%.
