Investors are looking for signs the selling in the U.S. stock market may have reached a crescendo, but say that the check marks are not yet all ticked and there is room for further pain.

US stock indices finished higher after a choppy trading session on Wednesday, falling early and then rebounding as investors made last-minute bets to position themselves ahead of US President Donald Trump's sweeping tariff announcements.

President Donald Trump’s “Liberation Day” is fast approaching, and stock markets from Wall Street to Wellington, New Zealand, are falling Monday in advance of it. In New York, the S&P 500 was down 0.4% following one of its worst losses of the past couple of years on Friday.

Traders are betting on three rate cuts from the Fed this year but the prospect of tariff-induced inflationary pressures has clouded the outlook. Declining issues outnumbered advancers for a 2.41-to-1 ratio on the NYSE and a 1.59-to-1 ratio on the Nasdaq.

President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide on Monday. On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.

Stock markets continued to fall Friday as traders reacted to President Donald Trump's announced tariffs and the global response.

President Donald Trump’s tariffs wreaked havoc in the stock market this week, stoking fears of a trade-war escalation that could lead to a recession. U.S. stocks showed signs of “capitulation,” or a move toward “panic selling,