U.S. stocks closed up on Wednesday ahead of President Donald Trump's announcement of sweeping tariffs, which the White House dubbed "Liberation Day." The Dow Jones Industrial Average climbed 230 points, or 0.5%, while the S &P 500 rose 0.6%. The tech-heavy Nasdaq increased 0.8%.

President Donald Trump’s promised “liberation day” of tariffs is here. How investors can navigate any market volatility coming after April 2.

Options data indicates big swings are possible in responses to Trump's tariff announcements on Wednesday. Here's what to know.

On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years.

The New York Stock Exchange opening bell rings to start the day's trading after President Donald Trump announced his plans for sweeping tariffs on April 2.

Century Aluminum (NASDAQ: CENX) is one of the more classic tariff-resistant plays. This company is a major producer of primary aluminum and it is used to make everything from car parts to beer cans. It operates smelters across the U.S. CENX should thrive if aluminum imports are pressured by tariffs.

Mr. Trump insists that these actions are his way of standing up for farmers and ranchers. Other nations such as Japan, China and India have charged higher tariffs than the U.S. for importing American farm goods.

U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”

President Trump’s recent “Liberation Day” announcement regarding tariffs has caused a flood of memes across social media. On April 2, 2025, President Donald Trump declared a national economic emergency,