Stocks drop again as worries about Trump's policies linger
Stocks fell Tuesday, the last trading day of the month, as investors continued to evaluate the latest policies from the White House, while a slew of companies posted quarterly results.
"This is a period of reconciling the expectations from the Trump administration's policies and the reality," said Bill Northey, chief investment officer at the Private Client Group at U.S. Bank, adding that some of the administration's measures and a "mixed" earnings season has "taken some of the wind out of the sales of this rally."
The Dow fell more than 100 points, with Goldman Sachs contributing the most losses. The S&P 500 slipped 0.4 percent, with industrials falling more than 1 percent to lead decliners. The Nasdaq dropped 0.5 percent.
"This is a market that is a bit disappointed because it hasn't heard much about what got investors excited in the first place," said Quincy Krosby, market strategist at Prudential Financial, referring to President Donald Trump's proposed tax cuts, government spending and deregulations.
http://www.msn.com/en-us/money/markets/stocks-drop-again-as-worries-about-trumps-policies-linger/ar-AAmrvEt?li=BBnbfcN&ocid=edgsp
Speaking as one who's invested for a little over thirty years the markets almost always to better when there's a Democratic in the Whitehouse.