US major averages pull back after Trump post, Nasdaq falls 0.46%

The S&P 500 slipped 0.15% and the Dow Jones Industrial Average rose 0.12% after pre-market gains faded following President Trump's comment on Iran.

Summary

US major averages retreated from pre-market highs after President Trump posted that Iran "better get their act together." The Nasdaq Composite fell 0.46%, the S&P 500 slipped 0.15%, and the Dow Jones Industrial Average edged up 0.12%. The move points to a cooling of earlier risk appetite as traders reassessed markets following the comment.

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