Stocks initially drop due to Trump's tariff threats, then recover slightly after speculation.

From Barron’s: 2025-05-23 13:30:00

Wall Street reacts to President Trump’s renewed tariff threats, causing a temporary spike in volatility. The Dow drops 140 points, the S&P 500 down 0.4%, and the Nasdaq Composite down 0.6% as the market settles into an afternoon lull.

Read more: Stocks Pare Losses. Wall Street Bets Trump Is Bluffing Again.