President Donald Trump’s fast-approaching “Liberation Day” had stock markets all over the world swinging sharply.
The S&P 500 rose 0.6 percent in another roller-coaster Monday. The S&P lost 4.6 percent for the first three months of the year, its worst quarter in two-and-a-half years.
The Dow Jones Industrial Average also swerved higher after initially falling, and it climbed 1 percent. Slides for Nvidia and other influential tech stocks weighed on the Nasdaq composite, which slipped 0.1 percent.
The swings follow a global sell-off as worries build that tariffs coming Wednesday from Trump will worsen inflation and grind down growth for economies.
On Monday:
The S&P 500 rose 30.91 points, or 0.6 percent, to 5,611.85.
The Dow Jones Industrial Average rose 417.86 points, or 1 percent, to 42,001.76.
The Nasdaq composite fell 23.70 points, or 0.1 percent, to 17,299.29.
The Russell 2000 index of smaller companies fell 11.36 points, or 0.6 percent, to 2,011.91.
For the year:
The S&P 500 is down 269.78 points, or 4.6 percent.
The Dow is down 542.46 points, or 1.3 percent.
The Nasdaq is down 2,011.51 points, or 10.4 percent.
The Russell 2000 is down 218.24 points, or 9.8 percent.
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