🌀 Tariff Whiplash: Markets Stumble Again in Chaotic Monday Reversal
Dow Drops 300+ as “Tariff Tug-of-War” Keeps Traders Glued to Headlines
📈Market Snapshot – Monday, April 7
Dow Jones 37,965 -0.91%🔻
S&P 5005,062 -0.23%⚖️
Nasdaq 15,603 +0.10%💸
Bitcoin $78,064 -1.9%🪙
Gold $2,993 -1.3%
The week kicked off with another high-volatility session, as traders were tossed between hope and havoc in a day defined by tariff drama and “fake news” whiplash.
🔄 What Happened?
🧨 Trump Threatens More Tariffs
Markets were already on edge — and Trump poured gasoline on the fire.
🗣️ “China will face an additional 50% tariff on April 9 if it doesn’t reverse course.”
That came directly from the president on Truth Social, sending futures sharply lower pre-market.
📉 S&P dipped as much as 3% early on.
Keep reading with a 7-day free trial
Subscribe to T&G’s Substack to keep reading this post and get 7 days of free access to the full post archives.