The stock market is expected to experience short-term volatility in response to the imposition of tariffs and the ensuing retaliatory actions. However, I do not anticipate any significant long-term negative impact on market performance. A comparable scenario unfolded in 2018 when the Trump administration introduced tariffs—initial market declines were observed, but the market ultimately recovered and resumed its upward trajectory. The duration of any potential downturn this time remains uncertain, and it will be important to observe how the situation evolves. This pattern suggests that while temporary disruptions are likely, the market has historically shown resilience and tends to recover as broader economic conditions stabilize.

This article may explain the drop. But it does not explain the rise today. I have not read any major news since announcement and now but market has decided to go down and then now  up. But I am sure they will later come and "justify" the recovery with some new explanation.  I will not bet on todays closing though. Only the big guys know... and the retailers have willingly sold their shares at a low  price. I am fastening my seat belt for the long run.

I also heard that pigs can fly.