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President Donald Trump’s tariffs sent Wall Street on a roller
coaster.
The S&P 500 fell 0.8% Monday following sharper loses across Asia
and Europe. The Dow Jones Industrial Average fell 0.3%, and the
Nasdaq composite lost 1.2%.
U.S. stocks had initially been on track for much worse losses on
worries about how much pain U.S. companies would feel because of
the U.S. tariffs announced for imports from Canada, Mexico and
China. The S&P 500 was briefly down nearly 2%, and the Dow
dropped as many as 665 points. But they pared losses after
Mexico’s president said she had negotiated a one-month reprieve
for her country.
On Monday:
The S&P 500 fell 45.96 points, or 0.8%, to 5,994.57.
The Dow Jones Industrial Average fell 122.75 points, or 0.3%, to
44,421.91.
The Nasdaq composite fell 235.49 points, or 1.2%, to 19,391.96.
The Russell 2000 index of smaller companies fell 29.28 points,
or 1.3%, to 2,258.42.
For the year:
The S&P 500 is up 112.94 points, or 1.9%.
The Dow is up 1,877.69 points, or 4.4%.
The Nasdaq is up 81.16 points, or 0.4%.
The Russell 2000 is up 28.26 points, or 1.3%.
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