NEW YORK (AP) — U.S. stocks dove following another stunning reversal. The S&P 500 dropped 1.6% Tuesday after wiping out an early gain of 4.1%, which had it on track for its best day in years That brought the index nearly 19% below its record set in February. The Dow Jones Industrial Average dropped 320 points after giving up an earlier surge of 1,460, while the Nasdaq composite lost 2.1%. Uncertainty is still high about what President Donald Trump will do with his trade war. The latest set of tariffs, including a massive 104% levy on Chinese imports, are scheduled to kick in after midnight.
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