Wall Street experienced volatile trading following the U.S.'s increased tariffs on China, initially rallying before paring gains. Technology stocks rebounded, led by Nvidia and Microsoft, while financials also saw significant increases. Despite the day's gains, major indexes remain down from pre-tariff levels, with concerns about inflation and global growth influencing expectations for Federal Reserve interest-rate cuts.
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» Nasdaq, S&P 500 turn negative as China tariffs pose challenge; Dow Jones pares gains
Nasdaq, S&P 500 turn negative as China tariffs pose challenge; Dow Jones pares gains
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