Market swings spur profit-taking in HSI-linked warrants
Market volatility, fueled by the new US reciprocal tariffs, has prompted investors to switch gears between put and call warrants linked to major stock indices.
The Dow rose 2,962.86 points, or 7.87%, to 40,608.45. The S&P 500 gained 474.13 points, or 9.52%, to 5,456.90, while the Nasdaq added 1,857.06 points, or 12.16%, to 17,124.97.