Trump's "Nonsensical" Tariff Policy Makes the U.S. Stock Market Unpredictable!

TradingKey - Trump's highly uncertain tariff policies are disrupting the U.S. stock market!  

On Tuesday, Trump's "nonsensical" tariff policies caused wild swings in the U.S. stock market. Within a single day, the three major U.S. stock indices experienced rapid fluctuations, rising and falling unpredictably, leaving investors utterly confused.

S&P 500 (Blue), Nasdaq (Yellow), and Dow Jones (Green) Indices, Source: Google.

Within half an hour of the market opening, the S&P 500 index steadily rebounded, stabilizing from the previous day's panic. Earlier, U.S. President Trump claimed that "the uncertainty of tariff policies could potentially trigger an economic recession," causing a collective plunge in U.S. stocks.

S&P 500 Index, Source: Google.

Shortly after, Trump threatened to double tariffs on Canadian steel and aluminum to 50%, reigniting market panic and causing the S&P 500 index to drop over 1.5% intraday.

During the afternoon session, Canada agreed to suspend a 25% surcharge on U.S. electricity exports, prompting Trump to announce the abandonment of the 50% tariffs on Canadian steel and aluminum imports. This news spurred the S&P 500 index to quickly rebound and recover its losses for the day.