Markets mixed after volatile trading day amid ongoing U.S. tariffs concerns

TORONTO — North American stock markets muddled to a mixed close Monday as the effects of U.S. President Donald Trump’s latest tariff announcement continued to reverberate. Markets began the day with a steep selloff, before suddenly spiking higher in the morning — the S&P 500 briefly rose 3.4 per cent before giving up those gains. A White House account on X said a rumour that Trump was considering a 90-day pause on the tariffs was “fake news,” taking the air out of the short-lived bounce. “I think that these elevated levels of volatility are going to be with us for…