S&P 500 Rebounds After Wild Swing, Ends Near Record High

The S&P 500 experienced a surprising turnaround on Monday, closing slightly higher after plummeting over 120 points earlier in the day. The index rallied from a 1.7% drop to barely above the 5600 mark, marking a resilient recovery from a brutal morning session. Wall Street grapples with President Trump’s looming tariff threat, which is expected to have a significant impact on markets later this week.