CNBC reports:
The Dow Jones Industrial Average fell for a third day following President Donald Trump’s tariff rollout, with the president threatening even higher rates against China on Monday. The session was a wild one as traders tried to speculate when the market would bottom from Trump’s tariff turmoil, with the Dow Jones Industrial average posting its largest intraday point swing ever recorded.
The Dow Jones Industrial Average dropped 349 points, or 0.9%. The 30-stock average had fallen more than 1,700 points during its Monday session low. It then swung 2,595 points from low to high, in a record reversal. The S&P 500 shed 0.2%, but was down 4.7% at the lows of the session. It briefly entered bear market territory during the session, but was off about 18% from its recent high.
Read the full article.
Dow slides more than 300 points as Trump tariffs rattle stocks for a third day: Live updates.https://t.co/imZ9EbX0Hs
— Trade_XYB (@TradeXYB143090) April 7, 2025