Tariffs on Canadian aluminum and steel were in focus during today's volatile session, after President Trump announced they'd double to 50% starting tomorrow. Meanwhile, Ukraine agreed to a 30-day ceasefire plan negotiated by the U.S., should Russia also accept it.

The Nasdaq pared triple-digit gains despite investors rushing to buy tech stocks on the dip, finishing modestly in the red alongside the S&P 500. The Dow, on the other hand, dropped 478 points to settle at its lowest level since September.

OIL, GOLD RISE ON GLOBAL TRADE TENSIONS

Oil prices finished higher amid trade policy uncertainty, though they fell from session highs after news of Ukraine's ceasefire. The front-month contract, April-dated Texas Intermediate (WTI) crude, added 22 cents, or 0.3%, to settle at $66.25 a barrel. 

Bullion rose after the U.S. dollar index hit its lowest level since early November. U.S. gold futures rose 0.7% to $2,920.90 an ounce.

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