Stocks end modestly lower after reeling from Trump’s latest tariffs threats

A trader holds his head as he watches global market data while working in the Volatility Index (VIX) pit at the Cboe Options Exchange in the Chicago Board of Trade building on Monday (Ashlee Rezin/Chicago Sun-Times via AP)

US stocks careened through a manic Monday after President Donald Trump threatened to crank his tariffs higher, despite a stunning display showing how dearly Wall Street wants him to do the opposite.

The S&P 500 slipped 0.2% at the end of a day full of heart-racing reversals as battered financial markets try to figure out what Mr Trump’s ultimate goal is for his trade war.