Stock market volatility deepens as Wall Street faces rollercoaster opening
The US’s S&P 500 had major swings on Monday.
By contributor Anna Wise, PA Business Reporter
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Wall Street stocks have lurched back and forth in a roller-coaster session for global financial markets, as volatility deepened while traders are on edge over how US tariff plans will develop.
The US’s S&P 500 had major swings on Monday.
The index shot down by as much as 4% shortly after New York markets opened, before swinging sharply higher, peaking at about 2%, not long after.
The index then returned to negative territory, as the value slid by about 2% about an hour after opening.
The movements were reverberating across European markets – losses on the UK’s FTSE 100 briefly eased, before sharpening again in line with the US’s benchmark index.
