India, April 2 -- Stocks moved sharply lower at the start of trading on Wednesday but have shown a significant recovery since then. The major averages have climbed well off their early lows and are now lingering near the unchanged line.
Currently, the major averages are posting modest gains. The Dow is up 34.59 points or 0.1 percent at 42,024.55, the Nasdaq is up 7.62 points or less than a tenth of a percent at 17,457.51 and the S&P 500 is up 2.99 points or 0.1 percent at 5,636.06.
The early weakness on Wall Street came amid concerns about the impact of President Donald Trump's reciprocal tariffs on U.S. trade partners.
Trump is scheduled to announce the new tariffs in a Rose Garden event shortly after the close of trading, with White Ho...