Stock

North -american Bag Indexes ended up mixed Wednesday, closing a Most chaotic For variable income markets after changing President Donald Trump Fare policies And growing the fears of recession. The S&P 500 won 0.15% Wednesday, while the Dowry The industrial average of Jones increased by 0.35% nearby. Meanwhile, heavy technology Nasdaq The compound fell by 0.09%.

After a turbulent start of the month, actions had published a recent recovery in recent days, as Trump administration officials set aside from commercial agreements that could refresh a ongoing trade war. But the news of the Q1 contraction of 0.3% of the economy, which occurred before the April tariffs were counted even, the rates fell at the beginning of Wednesday as the recession fears increased, although the S&P and Dow Jones recovered at the end of the negotiation day.

The announcement of the Department of Commerce of a contracting economy is due to the business uncertainty around the Trump Tariff Plan and to slow down consumer spending. The news also marks the first contraction from the first quarter of 2022 and a dramatic turn of the growth of 2.4% of the gross domestic product experienced in the last quarter of 2024.

Although the stocks took a beating after the Trump’s “Liberation Day” ads on April 2, they had slowly recovered in the following weeks in the midst of the hopes that the President issued his policies or reached offers with commercial partners.

So far, no agreement has emerged and the Trump administration is giving conflicting stories where the negotiations are. On Wednesday afternoon, Trump’s superior counselor Peter Navarro said the White House is Close to negotiating a tariff agreement With India.

The first 100 days of Trump

The President closes his first 100 days in office with one of the the worst beginnings for the values ​​market of any president of the recent memory.

From January 20 to the end of April, the S&P 500 fell by almost 8%, FortuneBen Weiss and Irina Ivanova Tuesday informedThe worst starting at a new presidential term since Gerald Ford took over after Richard Nixon resigned.

“The U.S. and dollar securities market have spent worse for the last hundred days that have come out for the first hundred days of the rest of the presidential terms since 1980,” John Higgins, a capital markets economist, wrote on Monday in a research note entitled “Surely the next 100 days will not be as turbulent as the last?”

Wall Street, the great earnings later on Wednesday will be guarded: Qualcomm, Goaland Microsoft Every report after the closing bell.

This story originally presented to Fortune.com