NEW YORK (AP) — Wall Street keeps shaking because of tariffs. After jumping to a big early gain on an encouraging inflation update, the U.S. stock market lost all of it after other countries announced their retaliations following President Donald Trump’s latest escalation in his trade war.
The S&P 500 was down 0.3% in midday trading after erasing an initial leap of 1.3%. The unsettled trading comes a day after the index briefly fell more than 10% below its all-time high set last month.
The Dow Jones Industrial Average also swung sharply, pinging between a gain of 287 points and a loss of 423. It was down 346 points,
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