Nifty Trader The major indices had a very busy trading week with wild swings in both directions, just to close virtually unchanged, amid the escalating trade war between the U.S. and China. The change in market behavior is stunning since the February crash, as this year, there have already been more than 20 sessions with the Dow trading in 400-point or more range, while in 2017 there was only one session all year. Besides the back-and-forth tariff announcements with China, Donald Trump also made headlines with his verbal crackdown on Amazon (AMZN) that weighed on the Nasdaq all week long. Given the negative news flow and the bearish investor sentiment, the performance of the benchmarks is commendable, even considering the rather ugly Friday session. Regarding economic releases, all eyes were on the government jobs report on Jobs Friday, while the ISM manufacturing and non-manufacturing PMIs were also at the center of attention. The overall picture was clearly negativ...
