The stock market is experiencing significant volatility due to President Trump's tariffs, with the iShares Core S&P 500 ETF opening at $482, soaring to $523, and then plummeting back down. Market reactions were influenced by comments from National Economic Council director Kevin Hassett, suggesting that foreign nations might be open to negotiating tariff reductions with the U.S. This has introduced confusion and uncertainty regarding the future of trade relations and its impact on the economy, as major indices have shown extreme fluctuations.
Today's trading in the iShares Core S&P 500 ETF experienced extreme fluctuations, opening at $482, soaring to $523, then dropping back below the starting point.
The volatility points to uncertainty provoked by President Trump's tariffs and mixed signals about potential negotiations with countries willing to reduce import duties.
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