Market Reverses Course After Initial Drop

On Monday, the Dow Jones Industrial Average and the S&P 500 experienced a significant turnaround after a lower opening. Investors are closely monitoring the implications of President Donald Trump's unwavering tariff policies and anticipating the Federal Reserve's upcoming monetary policy decision.

Significant Gains Amidst Uncertainty

By 10:55 am ET, the Dow Jones had risen by 0.38%, or 159 points, after a peak increase of over 220 points earlier. The S&P 500 also saw a modest gain of 0.13%, while the Nasdaq 100 slightly declined by 0.14%.

Euro Strengthens Against the Dollar

At 10:57 am ET, the euro appreciated by 0.32%, trading at $1.09146, indicating a shift in currency strength amidst the ongoing market adjustments.