The New York Stock Exchange wrapped up the first trading day of the week with a mixed performance as US President Donald Trump continued his remarks on China. By the closing bell, the Dow Jones index shed over 300 points, decreasing by 0.91% to 37,965.60 points. The S&P 500 index fell by 0.23% to 5,062.25 points, while the Nasdaq index increased by 0.10% to 15,603.26 points. Reports suggesting that President Trump was considering suspending tariffs for 90 days led to a brief optimism among investors and a temporary recovery in the indices, but after the White House denied these reports, the indices dropped again. President Trump heightened tensions by stating that if China did not withdraw its retaliatory 34% tariff announcements, the US would impose an additional 50% tariff on the country. Trump mentioned speaking with Japanese Prime Minister Yoshihide Suga, who would be sending a high-level team for tariff negotiations. Concerns persist about tariffs slowing down economic growth and increasing inflationary pressures, causing the US 10-year Treasury yield to rise to 4.22%. While monitoring statements from Federal Reserve officials, Fed Board Member Adriana Kugler emphasized that controlling inflation should be the Fed’s focus. Analysts noted that Thursday’s release of the Consumer Price Index (CPI) and Friday’s release of the Producer Price Index (PPI) would provide more insight into the trajectory of inflation in the US.