On the heels of Donald Trump’s first address to Congress, the markets have begun to look more and more like an afterthought as the US economy continues to struggle through a deep recession.
The Dow Jones Industrial Average and S&P 500 both lost 30 points and 10 percent respectively on Tuesday.
But the Nasdaq composite fell just 1.4 percent, while the Russell 2000 dropped 1.6 percent.
The Dow Jones fell more than 1,000 points for the first time since August 17, but the index has recovered the lost ground.
It has gained 2,000 since Trump’s address, according to data compiled by Bloomberg.
The S&p 500 index has gained just 1,100 points.
On Thursday, the S&P 500 will open at 2,096.43, while that Nasdaq will close at 2-2-2, with the Russell index at 1,611.18.
Both the Dow and S+P have been buoyed by bullish sentiment from the Federal Reserve, which has kept interest rates at historically low levels.
The S&ap index is up almost 5 percent this week, while its Russell index is down more than 5 percent, according an index tracker compiled by CNBC.
The index is trading at the highest level since December 4, when the economy was teetering on the brink of a recession.