The Dow Jones stock market finished down Monday as investors continued to fret over Donald Trump’s widespread tariffs plan - though the markets swung widely on a fake report about the president considering a delay to his ambitions.
All the major markets went from major losses to significant gains back to steep losses in a matter of minutes on Monday morning, with a 2,000-point swing for the Dow between the highest and lowest points Monday. The market gained — then lost — $2.4 trillion in a matter of minutes, The Wall Street Journal reports. The swings came as CNBC and social media users reported that National Economic Council Director Kevin Hassett said Trump is considering a 90-day pause on tariffs for all countries other than China.
