Stocks See Wild Swings in Run-Up to Tariff Rollout: Markets Wrap

March 31, 2025, 10:45 PM UTC

A renewed wave of volatility gripped global markets just days ahead of President Donald Trump’s tariff rollout, with stocks erasing losses in the final stretch of a jittery quarter. As equities bounced, bonds moved away from session highs. Gold climbed to a record.

From New York to London and Tokyo, stocks were hit by intense swings. While the S&P 500 wiped out a 1.7% slide, US shares saw their worst quarter compared to the rest of the world since 2009. Defensive groups outperformed. Energy producers joined a rally in oil as Trump suggested the US may work to curtail ...

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