Market Reactions to Tariff Confusion

Following President Donald Trump's confirmation that he would not implement a 90-day suspension on his most recent tariffs, contradicting earlier reports, major US stock market indexes closed with mixed results on Monday.

Index Performances

The Dow Jones Industrial Average experienced a significant drop, decreasing by 0.91% or 349 points by the close. Meanwhile, the S&P 500 saw a modest decline of 0.23%. In contrast, the Nasdaq 100 managed a slight gain, rising by 0.19%.

Currency Movements

Amid the market fluctuations, the euro fell by 0.38% against the dollar, trading at $1.09223 by 3:58 pm ET.

Stay tuned for further updates on this developing story.