Wall Street endured another turbulent session Tuesday, with the Dow Jones Industrial Average staging a dramatic surge early on—climbing more than 1,400 points—only to collapse later in the day as anxiety over international trade once again shook investor confidence.
The Dow initially soared by 1,146 points after the opening bell, fueled by renewed optimism that trade agreements could be reached in time to prevent harsh new tariffs slated to take effect on Wednesday.
Fueling that early enthusiasm were comments from Treasury Secretary Scott Bessent, who hinted that the administration was willing to negotiate. He remarked that they could “end up with some good deals.”
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