U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”
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Tesla Rises on Wall Street Following Article About Musk's Departure from the Trump AdministrationThe value of Tesla's shares has increased by 3.91% after a 6% drop at the opening of the American stock market. The shares of the electric vehicle company Tesla rose on the New York Stock Exchange this Wednesday after the publication by Politico that Elon Musk will soon leave or drastically reduce his role in the government of U.
There's a new Trump trade on Wall Street, and it's as volatile as the president's agenda.
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President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide on Monday. On Wall Street, the S&P 500 rose 0.6 percent in another roller-coaster day, after being down as much as 1.
Too soon to declare the ‘all clear,’ the market will likely remain volatile and idiosyncratic,” says Lisa Shalett, Chief Investment Officer at Morgan Stanley
U.S. stocks have recovered a chunk of their losses since falling 10% below their all-time high earlier this month, in their first “correction” since 2023. The S & P 500 is down 6% from its record, and that drop has left the market looking less expensive than before, which had been a major criticism following its euphoric rise in earlier years.
US stocks mostly rebound, with the Dow erasing an early 300-point drop to end up 400 points. Investors see April 2 tariffs as catalyst for next move.
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