The first day of the second quarter was a lot like the last day of the first quarter: Choppy. The major indexes opened lower, surged higher and gave every indication the pattern will persist until we have clarity on economic policy from Washington, D.C. And tomorrow is the so-called Liberation Day, when tariff plans will be announced.
By the closing bell, the Dow Jones Industrial Average was down marginally at 41,989, the S&P 500 added 0.4% to 5,633, and the Nasdaq Composite was higher by 0.9% to 17,449.
