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Manic Monday Looks Like the End of the Beginning

Manic Monday Looks Like the End of the Beginning

Bloomberg08-04-2025

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Call it Manic Monday. The US stock market started with another vertiginous crash, with the Nasdaq 100 dropping 4.5% at the open. Then it surged 9.4% on a story the White House swiftly denied that the administration was seriously considering a delay to tariffs to allow for negotiations. Then it fell 6.2%. That was all in the first hour of trading. The index ended the day up a mere 0.2%:

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