European markets are set to start the week on a positive note, appearing to shrug off U.S. President Donald Trump’s latest tariff announcement.
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Tom Lee says this is the worst market overreaction since 2020 pandemic outbreak
The Nasdaq Composite fell more than 3%, while the S&P 500 dropped 1.5% on Monday. Nvidia contributed to the losses, tanking nearly 17%.
Tom Lee says the market ultimately will rebound from the tariff scare, as in 2018
Lee sees the contrasts between now and then as an even more advantageous backdrop for equity markets.