Shares of the conservative media outlet Newsmax ( NMAX -62.04%) had sunk by nearly 50% as of 1:25 p.m. ET today. There was no obvious reason behind the move but the stock has traded like a meme stock since going public on Monday, so big moves are to be expected.

Notably, the fear index (India VIX), which gauges the volatility in the markets, settled higher by 8.37 per cent at 13.78 points

Stock Market Crash Today: Equity benchmark indices fell in early trade on Tuesday, led by IT stocks, amid uncertainties about Trump's reciprocal tariffs. The 30-share BSE benchmark Sensex fell 1128.97 points to 76,276 in early trading. The NSE Nifty fell 284.60 points, to 23,234.75.

Stocks were lower in afternoon trading Monday, extending a three-day-losing streak, as investors await announcements on a new batch of tariffs the Trump administration has said it will implement this week.

Before Nvidia’s story was dominated by AI GPUs, the stock was subject to swings related to crypto demand for its graphics cards.

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 key gauge Nifty 50 fell as much as 1.03 per cent, or 243.25 points, in the intraday trade to hit a low of 23,276, marking the worst intraday fall since February 28, while the 30-stock Sensex fell as much as 1.29 per cent, or 999 points, to rally below the 76,500 mark.

A new survey from insurance company Allianz Life (ALIZY) revealed that many Americans are growing uneasy about rising consumer prices, tariffs,

The S&P 500 is on track for its biggest comeback since 2022. The market benchmark was up 0.3% in Monday afternoon trading after dropping 1.65% at its low this morning. That would be the largest reversal from an intraday low to positive territory since Oct. 13, 2022, according to Dow Jones Market Data.