Wall Street is mixed in light trading early as anxiety dissipated somewhat after President Donald Trump agreed to a 30-day pause on his tariff threats against Mexico and Canada

Later, Trump, still irate at the Journal, wrote, “Anybody that’s against Tariffs, including the Fake News Wall Street Journal, and Hedge Funds, is only against them because these people or entities are controlled by China, or other foreign or domestic companies.”

Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war. The S&P 500 was down 1% in morning trading following worse losses for stock markets across Asia and Europe.

The threat of a punishing trade war sent Wall Street on a roller coaster Monday. After initially falling sharply on worries about President Donald Trump’s tariffs, U.S. stocks pared their losses after Mexico said it had negotiated a one-month reprieve.

Cryptocurrency prices slid on Monday as the risk of a trade war spooked investors and caused a selloff across financial markets.

Global shares are mostly declining as worries grow about President Donald Trump imposing tariffs on key U.S. trading partners