U.S. stocks rallied on Monday and won back most of their sharp loss from last week, when worries about how Trump’s tariffs may be punishing the economy sent a shudder through Wall Street.

The S&P 500 rose 0.8% in early trading to claw back roughly half of Friday’s drop. The Dow Jones Industrial Average was up 310 points, or 0.7%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 1.2% higher.