Headlines kept the S&P 500 index futures on a wild ride during Monday’s session, still finishing red, but dodging worse fates (and bigger wins) at various turns. 

Sunday night, sellers slammed the bid, dragging the index to a new low for the move at 4832, just under November 2023’s low. Bulls steadied the ship above that mark, staving off new lows through the overnight and premarket hours. Before the regular session’s start, they’d clawed back over 100 handles, but bears were coiled to strike.

Once the bell rang, sellers pounced again, only to hit support near 4870 where buyers stepped in. Then came a bombshell rumor of Trump considering a 90-day pause on reciprocal tariffs, sparking a jaw-dropping 400+ handle rally that shoved the index well into the green, peaking at 5286.50. The joyride crashed almost as fast when the White House squashed the rumor, sending the index tumbling back to the 5000 area. The rest of the day brought choppy, whipsaw swings, though tighter than the 400-handle rollercoaster.

Bulls found a floor near the psychological 5000 level in the morning, aligning somewhat near Sunday’s evening open at 5007, and built momentum into the afternoon. A small, late burst of buying sealed the session above the day’s midpoint at 5097.25, shedding just 13 handles but locking in a three-day losing streak.

Among the index’s top components, Broadcom Inc (NASDAQ: AVGO) broke its tariff-driven skid to claim the biggest gainer spot. The chip designer surged $7.85, or 5.37%, closing at $154.14. 

That outpaced the cash index’s 0.18% dip by over five percent.

On the flip side, Apple Inc (NASDAQ: AAPL) took the hardest hit. The tech giant slumped $6.92, or 3.67%, closing at $181.46, caught in the day’s tariff-fueled chop.