Markets experienced unprecedented swings as traders attempted to pinpoint a bottom amid mounting tariff threats. The Dow dropped 349.26 points, or 0.91%, closing at 37,965.60 after plunging more than 1,700 points at its session low. The index posted a historic intraday reversal, swinging 2,595 points from bottom to peak — the largest in its history.
The S&P 500 also saw red, losing 0.23% to end at 5,062.25. It briefly dipped into bear market territory and remains nearly 18% off its recent high. Meanwhile, the Nasdaq Composite managed a modest gain of 0.10%, buoyed by bargain-hunters scooping up shares in mega-cap tech firms like Nvidia and Palantir. At its worst point during the day, the Nasdaq had fallen more than 5%.
Rumors of a possible 90-day tariff pause sparked a brief rally, pushing the Dow briefly into positive territory. But the White House swiftly denied any pause, calling such reports “fake news.” Markets retreated once again, deepening the sell-off. The S&P 500 has now lost more than 10% over the past three sessions, its worst run since the early days of the COVID-19 pandemic.
Despite the steep drop, the Trump administration remains unmoved. Speaking via Truth Social, the former president doubled down: “If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow, April 8th, 2025, the United States will impose additional tariffs on China of 50%, effective April 9th. Additionally, all talks with China concerning their requested meetings with us will be terminated!”
Investor anxiety reached fever pitch. The CBOE Volatility Index — often dubbed Wall Street’s "fear gauge" — soared past the 60 mark, a level typically reserved for deep bear markets. Hedge funds reportedly scrambled to meet margin calls, liquidating equity positions in a broad-based retreat from risk.
Amid the chaos, billionaire investor Bill Ackman issued a stark warning on X: “The President has an opportunity on Monday to call a time out and have the time to execute on fixing an unfair tariff system. Alternatively, we are heading for a self-induced, economic nuclear winter.”
Even tech giants like Apple felt the sting, closing 3.7% lower on Monday. Over the last three trading sessions, Apple has shed nearly $640 billion in market capitalization.
Why Investors Are Turning to Lendworth MIC During Market Volatility
In times like these — when equity markets are in free fall, volatility is surging, and economic policy is unpredictable — investors naturally look for safer, more stable alternatives. That’s where Lendworth Mortgage Investment Corporation (MIC) comes in.
Lendworth MIC offers a defensive, income-generating investment backed by real estate — one of the most time-tested asset classes. Instead of riding the rollercoaster of equity markets, Lendworth investors participate in a diversified pool of carefully underwritten mortgages, primarily across Southern Ontario. These mortgages are secured by real property, providing investors with consistent returns even in the face of global uncertainty.
In contrast to stock portfolios that may lose billions overnight, mortgage investments through Lendworth MIC are asset-backed and equity-based, offering predictable monthly income and capital preservation. Investors also benefit from the experience of Lendworth’s executive team, who have decades of expertise in real estate, legal structuring, and mortgage underwriting.
When volatility surges and headlines rattle investor confidence, Lendworth MIC stands as a steady hand — offering income, stability, and peace of mind.
In uncertain times, don’t just ride out the storm — anchor your portfolio with Lendworth MIC.