Trump cheers on market

About 25 minutes after the stock market open, US President Donald Trump tweeted that it was a "good day" in the market. The S&P 500 then promptly fell 25 points and into negative territory.

Trump cheers on market

The lesson should be to never tweet until the close, because it can humble anyone. But Trump may still end up being right. The S&P 500 is back into positive territory and up 4 points.

Trump tweet chart

The turn has come alongside weakness in the US dollar but it's modest for now.