Look at stock charts around 3:40. the information already had an effect
the market had started to go down when it came out that Mnuchin would have a press conference at 1:45 then it quickly moved back up some even though it wasn’t about China.
Unclear what effect will happen on Monday as happened near the end of day.
Futures should give us a bit of a hint.
The establishment has been trying to keep the market in check since it got past 26k. They keep dragging it down with some phony concern, and then it comes back and they find something new. They don’t want it to rise naturally, where it could go to 30k easily over the course of 6 months or so. That would guarantee Trump’s reelection. So they fight.
It may go up Monday, but there may also be some ridiculous “inverted yield curve” or Powell will claim there might be a recession, or Korea will set off some nukes (at China’s behest) or Iran will attack oil fields, etc. etc.