NASDAQ is currently up 63 points (+0.40%) at 15,666, but was up as much as 713 points earlier, reaching a high of 16,316.51—a sharp intraday reversal.
Dow Jones Industrial Average is up 430 points (+1.13%) at 38,396, after having surged as much as 1,461 points at session highs.
The pullback followed comments from White House Press Secretary Levitt, confirming that an additional 104% in tariffs went into effect at noon ET—a stark reminder of the risks to growth and inflation tied to escalating trade tensions.
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