The SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the S&P 500, is facing heavy selling pressure in Wednesday’s after-hours session following reciprocal tariffs from the Trump Administration.
What To Know: U.S. President Donald Trump unveiled sweeping new tariffs on Wednesday designed to help strengthen the American economy over the long term. The move could have dramatic impacts on the economy in the near term, as evidenced by the steep sell-off in reaction by the market.
The SPY was …Full story available on Benzinga.com