The Dow Jones Industrial Average fell for a third day following President Donald Trump’s tariff rollout, with the president threatening even higher rates against China on Monday.

The session was a wild one as traders tried to speculate when the market would bottom from Trump’s tariff turmoil, with the Dow posting its largest intraday point swing ever recorded.

Trading volume also reached its highest level in at least 18 years, with markets trading about 29 billion shares. That surpassed Friday’s volume of 26.77 billion shares, as well as the 10-day average volume of 16.94 billion shares.

• The Dow Jones Industrial Average dropped 349.26 points, or 0.91%, to close at 37,965.60. The 30-stock average had fallen more than 1,700 points during its Monday session low. It then swung 2,595 points from low to high, in a record reversal.
• The S&P 500 shed 0.23% to end at 5,062.25. The broad market average was down 4.7% at the lows of the session. It briefly entered bear market territory during the session, but was last off nearly 18% from its recent high.
• The Nasdaq Composite inched higher by 0.10% to settle at 15,603.26. Investors stepped in to buy some megacap tech stocks such as Nvidia and Palantir. At its low in the session, the tech-heavy index was off more than 5%.

Source: CNBC