U.S. stock markets, including the Dow Jones Industrial Average, S&P 500, and Nasdaq, experienced a partial recovery from initial steep losses on Monday after President Donald Trump announced a one-month delay on tariffs against Mexico. The decision came after global markets had tumbled in response to Trump's earlier imposition of tariffs on Canada, China, and Mexico. The delay in tariffs on Mexico followed an agreement between Trump and Mexican President Claudia Sheinbaum, where Mexico agreed to deploy 10,000 National Guard troops to its northern border to curb the flow of illegal drugs, particularly fentanyl, into the U.S. Despite the pause on Mexican tariffs, the planned 25% tariff on Canadian goods and a 10% levy on Chinese imports were still set to take effect. The Dow Jones closed down 0.27%, the S&P 500 lost 0.75%, and the Nasdaq fell 1.20%.