Stock market today: Stocks surge and dollar drops as traders try to shake off tough start to the year
Getty Images; Jenny Chang-Rodriguez/BI
- US stocks surged and the dollar fell Monday after a report said Trump's tariff plans could be watered down.
- The report follows Trump's broad tariff threats against Canada and Mexico late last year.
- Trump denied the report in a post on Truth Social, causing the dollar to pare losses.
US stocks surged on Monday and the dollar dropped after a report said President-elect Donald Trump's tariff plans would be more targeted than initially thought.
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