India, Feb. 3 -- After moving sharply lower early in the session, stocks have regained ground over the course of the trading day on Monday. The major averages have climbed well off their worst levels of the day but currently remain firmly in negative territory.
The Nasdaq is down 208.71 points or 1.1 percent at 19,418.73 and the S&P 500 is down 39.45 points or 0.7 percent at 6,001.08. The narrower Dow is posting a more modest loss, down 122.33 points or 0.3 percent at 44,422.33.
The recovery attempt by stocks comes after President Donald Trump confirmed he has reached an agreement with Mexican President Claudia Sheinbaum to pause recently implemented tariffs on Mexico for one month.
The tariff pause comes after Sheinbaum said Mexico will...