Yesterday, US stock markets saw some of the sharpest swings since the Covid-19 pandemic. This situation, according to foreign media, is largely due to tariffs imposed by the administration of President Donald Trump.
Here's how US markets looked at their close on Monday:
The S&P 500 index, which tracks the stock prices of 500 American companies, closed the day up about 0.2%, writes A2 CNN.
During early trading on Monday, the index briefly fell more than 20% from its most recent peak in February, but rose more than 7% within minutes after rumors that the tariffs might not kick in immediately.
The Dow Jones Industrial Average, which tracks blue-chip stocks, ended down 0.9%, its third straight day of losses.
However, the Nasdaq index for technology companies was roughly unchanged and closed the day up 0.1%, writes A2 CNN. (A2 Televizion)
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