Hi, everyone. I'm Maggie McGrath, senior editor at Forbes.

Markets had a volatile day of trading on Monday in the third trading day since President Trump

announced sweeping tariffs across the globe.

Joining us to discuss the market reaction is my colleague, Giacomo Tonini.

He is a staff writer on our wealth team.

Giacomo, thank you so much for joining us.

Hi, Maggie, great to be here.

So as I said, it was a very volatile day on the markets.

I think the Dow recorded its largest intraday trading swing ever recorded.

Tell us what's going on.

Right. So, I mean, the sell-off started, you know, this morning, looking what was happening in Asia and Europe. And then there's a lot of

volatility. Markets opened pretty down in the U.S. Then there was a bit of a recovery.

When there was reports that President Trump was considering,

um,

pausing the tariffs for 90 days.

Those turned out to be, to be false.

Uh,

and then the,

the,

you know,

stocks were trading down again.

They got some P500 closed about,

...