New York | Wall Street was braced for chaos when the US markets opened for trading on Monday (overnight AEDT), but no one could have anticipated the $US4 trillion ($6.6 trillion) meltdown that ensued.
An unsourced claim that Donald Trump was mulling a 90-day pause on the sweeping tariffs he imposed on virtually all of America’s trading partners sent stocks flying upwards before plummeting back down at breakneck speed.