Stocks in tech and a number of other sectors continued to decline Thursday, extending Wall Street's anxious reaction to President Trump's trade war.

Stocks fell Thursday afternoon as President Donald Trump's pledge to temporarily exempt many imports from his 25% tariffs failed to deter a wider sell-off.

Panic selling sent the Nasdaq Composite into correction territory, while the Dow and S&P 500 suffered notable losses.

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The rocky week on Wall Street continued on Thursday as investors grappled with further uncertainty from President Donald Trump’s tariffs.

Stock indexes fell sharply in volatile trading Thursday as investors took in the latest announcements from U.S. President Donald Trump on tariffs, while the U.S. dollar eased as investors turned risk-averse.

U.S. stocks tumbled in early trading on Thursday as fallout from the Trump administration’s tariffs continued to roil markets. The Dow Jones Industrial Average dropped about 400 points, or nearly 1%,

Stocks staged a strong turnaround on Wednesday, recovering from early losses to close sharply higher. The rally helped major indices regain some ground after several sessions of steep declines. The Nasdaq climbed 267.

Wall Street’s major market averages were able to close out Wednesday’s trading session in positive territory as ongoing tariff discussions draw more and more attention. At the end of the day the benchmark S&P 500 (SP500) finished on top by 1.