Stocks and bonds were rallying to start the week on Monday after smartphones and some other electronics received exemptions from the current tariffs—at least until sector-specific tariffs roll out.
The Dow Jones Industrial Average was up 480 points, or 1.2%. The S&P 500 was up 1.7%. The Nasdaq Composite was up 2.4%.
“If you were hoping that April’s volatility would calm down this week, you will have to wait at least another day,” writes Bespoke Investment Group co-founder Paul Hickey. “However, bulls will find today’s volatility to be much more tolerable since it’s to the upside.”

DJ Kamal Mustafa
I’m DJ Kamal Mustafa, the founder and Editor-in-Chief of EMEA Tribune, a digital news platform that focuses on critical stories from Europe, the Middle East, Africa, and Pakistan. With a deep passion for investigative journalism, I’ve built a reputation for delivering exclusive, thought-provoking reports that highlight the region’s most pressing issues.
I’ve been a journalist for over 10 years, and I’m currently associated with EMEA Tribune, ARY News, Daily Times, Samaa TV, Minute Mirror, and many other media outlets. Throughout my career, I’ve remained committed to uncovering the truth and providing valuable insights that inform and engage the public.