In the bond market, Treasury yields lost an early gain to sink lower. The yield on the 10-year Treasury fell to 4.26% from 4.32%. The yield has been mostly dropping since January, when it was approaching 4.80%, as traders and economists have ratcheted back their expectations for U.S. economic growth.

This is the market Ben Inker has been waiting for. In the grip of Wall Street’s big rebellion against President Donald Trump’s tariff agenda – with stocks down around 2% this week even after Friday’s big rebound – Inker is among a cohort of investors making money in this year’s volatility spiral.