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HomeMarket NewsUS Stock Market Highlights: Dow Jones falls over 1,000 points from the highs as recovery runs out of steam; volatility rises
US Stock Market Highlights: The US stock market is careening through a second straight day of stunning swings Tuesday (April 8) as uncertainty reigns about whether President Donald Trump will ease up on his trade war, which is scheduled to kick into a higher gear after midnight.
US Stock Market Highlights: The US stock market is careening through a second straight day of stunning swings Tuesday (April 8) as uncertainty reigns about whether President Donald Trump will ease up on his trade war, which is scheduled to kick into a higher gear after midnight. After roaring to an early jump of 4.1%, which had it on track for its best day in years, the S&P 500 quickly lost all of it within a few hours. It then waffled between modest gains and losses before scratching out a rise of 0.4% in afternoon trading.
The Dow Jones Industrial Average was up 300 points, or 0.8%, after giving up most of its earlier surge of 1,460 points, while the Nasdaq composite was 0.2% higher, as of 1:45 p.m. Eastern time. Stocks globally had rallied much more earlier in the day, with indexes up 6% in Tokyo, 2.5% in Paris and 1.6% in Shanghai. But even after those jumps, analysts had been warning to expect more swings up and down for financial markets, not just in the days ahead but also the hours.
