Tariff talk weighs

More talk of tariffs and concern about appointments in the White House are part of the reason for a decline in stock markets and sentiment in the past hour.

The S&P 500 is at a session low, down 7 points to 2757 after hitting 2777 early in trading.

In FX, USD/JPY is at the lowest since Friday as it falls below the lows from the past two days. Here's the 30 minute chart:

That's not a good looking chart.

Meanwhile, Goldman Sachs cuts its Q1 growth estimate to 1.8% from 2.0%.