(via @jaguars/TT)
Watch live coverage of U.S. markets after China announced it will impose an 84% levy on U.S. goods starting Thursday. This comes after U.S. tariffs of 104% on Chinese imports took effect shortly after midnight. U.S. tariffs on imports from other countries also took effect. Anxiety around the rollout of the tariffs has fueled a four-day rout for stocks. The volatility continued on Tuesday, with the S&P 500 up more than 4% at one point before ending the day with a loss of 1.6%. The 30-stock Dow climbed 3.9% at its high for the day but ultimately fell 0.8% at the end of trading. The broad market index is nearly 19% off its record high.
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