By Ariel Zilber | New York Post
Stocks rebounded just before noon on Monday after taking a sharp dive at the start of trading following President Trump’s decision to impose new tariffs on key US trading partners including China, Canada and Mexico — only for him to delay the levies following a conversation with the Mexican leader.
The Dow Jones Industrial Average, which dropped by as many as 560 points, recovered to around the break-even point as of 11:21 a.m. Eastern Time on Monday.
The S&P 500, which had declined by as much as 1.6%, was only down 0.55%, or 33 points while the Nasdaq, which lost 1.95% to drop nearly 400 points after the opening bell, rebounded to 0.92%, which was down 172 points.