The direction that the market takes after earnings season will depend on how that extra money generated from the tax cuts is allocated for spending by the companies.
Shares rebounded a bit, but the big board still ended the day down 458 points.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
Traders said they were heavily focused on technical levels after investors fled on Monday when the S&P 500 breached its 200-day moving average. The Asian country has announced additional duties on 106 US products on Wednesday, less than 24 hours after the White House administration publishes a list of 1300 Chinese products on which intends to impose 25% import duties.
US PresidentDonald Trump on Saturday attacked Amazon for scamming the US Postal Service, adding the service loses "billions of dollars" delivering packages for the e-commerce giant. "And that could be true for Mexico as well as for China".
Ford gained more than 2% on a record sales month for its SUVs. The VIX (VIX) volatilityindex jumped more than 15%. February's report was strong.
Elsewhere in global equity markets, the Shanghai Composite lost 0.2% after climbing as much as 0.9% in early trading, while the Stoxx Europe 600 slipped as much as 1.3% before finishing down 0.5%. It's also back in line with the five-year average. The current value of the CCI is -59.
The company, which declined to comment on the allegations, lost more than $36 billion in value Monday.
10-year Treasury Yield: -0.011 percentage point to 2.733%. "And then we slammed on the brakes when we became concerned there could be a policy mistake in the future".
Declining issues outnumbered advancing ones on the NYSE by a 4.17-to-1 ratio; on Nasdaq, a 4.14-to-1 ratio favoured decliners. Amazon fell another $70.84, or 4.9 percent, to $1,376.50.
Japanese shares closed lower, dragged down by exporters and technology stocks.
The S&P 500 rose 10 points, or 0.4 percent, to 2,592.
However, this historic calm was shredded on Feb. 2 with the release of January's employment report.
Microsoft dropped 3 percent and Alphabet, Google's parent company, shed 2.4 percent. It was the best day for the stock since May 2010.
Market strategists have asked investors to forget about the last quarter and focus on the promises heralded by the month of April. The technology index .SPLRCT was down 2.7 percent.
Which economic reports are in focus?
Amazon wasn't the only tech stock in trouble. Beijing has promised to retaliate with new sanctions of its own. Eurofins Scientific has also moved to the downside after acquiring Lab Frontier in South Korea.
Los restos del presunto homicida y de la pequeña fueron llevados a la morgue de la ciudad de Zapopan para lo conducente. Los heridos fueron trasladados a un nosocomio local y hasta el momento se desconoce el motivo de la agresión.
Facebook said that they had been deleting Zuckerberg's and other executive's messages due to a breach that occurred in 2014. The complete investigation has been set up to find when and where this leaked data taken from Facebook has been used.
Investigators determined that they had been poisoned by a nerve agent and believed that the pair was intentionally targeted. Britain blames Russian Federation for the nerve agent poisoning, something Moscow denies.
While NHL players honour the lives lost on their helmets, coaches will wear a yellow and green ribbon, the Broncos team colours. Tributes poured in online for the father of two young sons, who was described as an unbelievable mentor to players.
The violin was sold for $135,000 which, with a 22 per cent commission, means the new owner will need to part with $164,700. A leather pair of Dr Martens boots from an earlier movie, " Romper Stomper ", was purchased for 10,000 Australian dollars.
Yasser Murtaja , 31, was one of two Palestinians who died Saturday of injuries sustained during protests at the border. Israeli soldiers on Friday fired tear gas, rubber bullets and live ammunition to prevent a breach of the border fence.
However, female migrants argue with Trump's claims saying they chose to travel with the caravan for protection. Many have been given temporary transit visas which they intend to use to request asylum in the United States .
The lawsuit, filed in federal court in San Francisco, claims Sessions's withdrawal of the documents a year ago violated the U.S. Sessions' decision, calling it "very unfair" and saying he would have picked someone else for attorney general had he known Mr.
The attack is the latest in a string across Europe in which vehicles have been used to attack crowds of people in public places. Police said a suspicious object was found in the van and they're still examining it to see if it is unsafe .
Miles de simpatizantes saludaron al ex mandatario al grito de " Lula , guerrero del pueblo brasileño". Los militantes del PT están bloqueando las salidas del edificio del sindicato .
Brazil's da Silva in police custody
It was unclear how he might turn himself into police, who have been wary to enter the metal workers union so as to avoid clashes. Protests both in support of and against the former president flared throughout the country over the weekend.
Russian envoy requests meeting with Johnson on poisoning
Prime Minister Theresa May's position has been supported by more than 20 countries who plan to expel Russian diplomats. London has also denied Russian consular staff access to Sergei and Yulia Skripal, despite them being Russian citizens.
Manchester United le arruinó la fiesta al City
Ahora toca levantarse y estar concentrados para el martes", declaró Guardiola . "Ahora tenemos que recuperarnos y seguir", añadió. El atacante Danny Ings salió como titular por primera vez con Liverpool , acompañando a Sadio Mané y Dominic Solanke en punta.