Most equity indexes are holding close to flat on Tuesday. However, the Dow Jones is still trading around 200 points below Monday’s closing prices, cycling near 41,800. The Standard & Poor’s 500 eased slightly, falling below 5,600, while the Nasdaq Composite holds steady near 17,300.

The end of the Wednesday session will be crucial, as the markets will learn what the tariffs will be like around the world. At this point, caution will be paramount, as we just don’t know much about where we can go.