The Dow Jones Industrial Average (DJIA) fell sharply on Monday, shedding around 700 points or 1.45% as fresh tariff uncertainty weighed on sentiment. The S&P 500 slipped 0.6% while the Nasdaq Composite dropped 0.7%.
The Dow Jones Industrial Average surged 1,050 points, or 2.15%, to close at 49,958.72, a fresh record high on Friday as stocks rebounded sharply from Thursday's tech-led selloff. The S&P; 500 climbed 1.2% to 6,880.13, while the Nasdaq Composite advanced 1.0% to 22,765.45.
The Dow Jones Industrial Average (DJIA) ripped open the new trading week on a tariff-fueled weak note, reminiscent of trade war fears that knocked around equity markets early in 2025. A year later, the Trump administration is still grappling with picking a lane and staying in it.