Traders on the New York Stock Exchange had a tense few days amid Trump’s trade war.
Despite a rebound in stocks following a 90-day tariff pause, the S&P, Dow and Nasdaq fell again Thursday.
It’s been a wild week on Wall Street, and traders are feeling the effects of the stock market’s volatility.
Last week was a wild week on Wall Street, with stocks plunging, recovering and falling as a result of President Donald Trump’s trade tariffs.
The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all saw wild swings as a result of tariffs and the 90-day pause Trump announced on April 9.
The slide started the week before, when stocks plunged as a result of the new tariffs.
“This is partly an emotional reaction that will heighten volatility, but disciplined investors have to see this as a buying opportunity,” Michael Farr, CEO and founder of investment advisory firm Farr, Miller & Washington, told Business Insider on April 3.
Wednesday’s rally was one of the biggest in history, but stocks fell the next day as traders reacted to uncertainty. Stocks rose again on Friday, capping off a volatile week.
