Big Bounce in Markets on Tamed-Down Tariff Proposals

Monday, March 24, 2025The market narrative for the first trading day of a new week was set very early on today: President Trump suggested his formerly draconian tariff policy on virtually all U.S. trading partners would not be as harsh on April 2nd as previously advertised. While in the abstract, a notion like this might signal wavering leadership, market indexes seized this as nothing but good news.The Dow grew back +597 points, +1.42%, while the S&P 500 went up +100 points exactly, +1.76%. Meanwhile, the ...