The S&P 500 dropped sharply on Tuesday, closing below 5,000 points for the first time in almost a year after reversing an early morning rally. Investors' hopes faded for any last-minute delays or concessions on tariffs before a midnight deadline.
The benchmark index, which fell 1.6% on Tuesday,
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Oluwatosin Ogunjuyigbe
Oluwatosin Ogunjuyigbe is a writer and journalist who covers business, finance, technology, and the changing forces shaping Nigeria’s economy. He focuses on turning complex ideas into clear, compelling stories.
