On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years.

As Wall Street heads into a new quarter, a flurry of President Donald Trump’s tariffs are set to go into effect. That has traders on edge

Wall Street benchmarks ended in mixed fashion on Tuesday after a topsy-turvy session, as investors were caught in limbo ahead of the impending tariff announcements from the Trump administration.

Asian stocks stuttered on Wednesday, while the safe-haven gold was stuck near record highs as a nervous world awaited details of U.S. President Donald Trump's tariff plans, with investors fretting about the risks of an intensifying global trade war.

Wall Street stocks posted their worst quarter in almost three years on fears that Donald Trump’s tariffs will usher in a period of stagflation in the world’s biggest economy. The S&P 500 dropped 4.6 per cent in the first three months of 2025,

Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S. President Donald Trump's "Liberation Day" on Wednesday, with markets struggling for clear direction as Trump's new trade barriers loomed into view.

The Dow Jones slipped slightly on Tuesday as investors braced for President Trump's reciprocal tariff announcement. CBS News MoneyWatch correspondent Kelly O'Grady has more.

Trump is expected to announce sweeping tariffs at a Wednesday Rose Garden ceremony that he’s promoting as “Liberation Day.”

Stock markets in Europe and Asia also fell, after Trump warned all countries could be hit with tariffs on US imports.