NEW YORK, United States — US stocks swerved through another shaky day of trading Tuesday, with uncertainty still high about just what President Donald Trump will announce about tariffs on his
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 7, 2025, in New York City. —Photo by Charly Triballeau/Agen ce FrancePPresse
US stocks swerved through another shaky day of trading Tuesday, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day” coming Wednesday.
The S&P 500 rose 0.4 percxent after roaring back from an early drop of 1 percent. The Dow Jones Industrial Average edged down by 11 points, or less than 0.1 percent, after pinging between a loss of 480 points and a gain of nearly 140, while the Nasdaq composite added 0.9 percent.
Wall Street has been particularly shaky recently, and momentum has been swinging not just day to day but also hour to hour because of uncertainty about what Trump will do with tariffs—and by how much they will worsen inflation and grind down growth for economies. On Monday, for example, the S&P 500 careened from an early loss of 1.7 percent to a gain of 0.7 percent.
In the bond market, Treasury yields sank after a report said US manufacturing activity contracted last month, breaking a two-month streak of growth. A separate report said US employers were advertising slightly fewer job openings at the end of February than economists expected.
Companies are saying they’re already feeling effects from Trump’s trade war, even with the main event potentially coming on Wednesday, when the president will announce a sweeping set of tariffs.
“Customers are pulling in orders due to anxiety about continued tariffs and pricing pressures,” one computer and electronic products company told the Institute for Supply Management in its monthly manufacturers’ survey.
