The late world finance hours in New York saw increased short-covering in retail sector stocks after robust e-commerce data. Traders anticipate sector ETF inflows over the coming week. Suns ‘Ring of Honor” inductee Shawn Marion will be the “legend” representative for the franchise in China. US stocks tumbled in afternoon trading on Tuesday and ended sharply lower, with the S&P 500 narrowly avoiding a bear market after the White House said it plans to move forward on a threat to bring t he overall tariff rate on China to 104%. That tariff rate will go into effect at 12:01 a.m. ET.