The dramatic moves intraday — and the flimsy basis for the sudden rally — show how starved investors are for good news that could stop the sell-off.

The stock market finished moderately low Monday after an untrue report about a possible 90-day pause on President Donald Trump’s widespread tariffs caused massive swings in the market. All the major markets went from major losses to significant gains back to steep losses in a matter of minutes on Monday morning,

Trump said he’s not considering pausing his recently imposed tariffs but is willing to negotiate the duties with other nations.