After over an hour of trading, the broad S&P 500 index is up 3 percent. This after having fallen almost 5 percent in the initial trading and entering a so-called "bear market", i.e. when the index has fallen more than 20 percent since the absolute peak. Various media reports that President Donald Trump is considering pausing announced tariffs against all countries except China have, however, got the stock market to regain confidence.
While the broad S&P 500 index is up, Nasdaq's composite index is rising by 0.1 percent. On the other hand, the Dow Jones industrial index is down 1.0 percent.
