Source: Yahoo! Finance
“US stocks whipsawed on Monday, spending time on both sides of the flat line in a chaotic trading session that saw multiple headlines push around a jumpy market. The persistent gyrations showed the impacts from President Trump’s fast-moving tariff policy continue to puzzle investors. The S&P 500 fell 0.2% in its third consecutive day of losses as the benchmark index inched closer toward bear market territory. The tech-heavy Nasdaq Composite closed little changed but in positive territory, after erasing losses and gains numerous times throughout the session. The Dow Jones Industrial Average dropped around 0.9%, or 350 points. In the latest escalation of his trade war, Trump threatened China with an additional 50% tariff starting on April 9 if Beijing did not remove 34% levies on US imports. China announced those retaliatory measures last week after the president’s sweeping tariff plans were revealed.” (04/07/25)