S&P 500 comes off record high
The S&P 500 has come off its most recent all-time high at 6,290 amid the US administration’s tariffs on Canada and plans for blanket tariffs on most other trading partners.
While last and this week’s highs at 6,284-to-6,290 cap, a retracement towards the late June high at 6,215, the April-to-July uptrend line at 6,207 and the 7 July low at 6,201 may well be on the cards.