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Fortune

Amanda Gerut

Choppy markets show investors gulping down developments on tariffs and the sluggish U.S. dollar

Eric Compton Boeing Morningstar Bank of America Ronald Epstein China Citigroup Fortune Netflix

Traders work on the floor of the New York Stock Exchange. (Credit: Photo by Adam Gray/Getty Images)

It was soup to nuts on Tuesday: U.S. stock indexes rose then tumbled as investors swallowed down a mix of news on tariffs, parsed carve outs for technology, and tracked corporate earnings and moves from China. The Dow Jones Industrial Average, S&P 500, and the Nasdaq all slid following gains early in the day.

The markets were a lumpy mixed bag on Tax Day as the major U.S. indexes processed jarring headlines about China targeting aircraft manufacturer Boeing amid the appearance of positive signals from Bank of America, Citigroup, and Netflix.

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