On Tuesday, the Trump administration released a long list of Chinese imports that could soon face new tariffs including semiconductors, car and aircraft parts, and machine tools, a total of $12.5 billion in new tariffs on about $50 billion in goods annually. The threat of a trade war between the world’s two largest economies is roiling the stock market, upsetting the U.S. business community, and finding critics among conservatives.

The stock market rallied late Friday to trim the week’s losses but still ended down about 5 percent since Monday. The Dow Jones industrial average closed at 24,190, a gain of 1.3 percent over Thursday, and the S&P 500 gained 38 points. Just two weeks ago, the Dow hit a record high of 26,616. Many analysts say the drop over the past week is a normal market “correction,” though they didn’t anticipate it would happen so suddenly. “We may have seen the worst, but it’s too early to say for sure,” said Shane Oliver of AMP Capital.

The Dow Jones industrial average plunged more than 1,000 points Thursday, triggering an official “correction.” Both the Dow and the Standard & Poor’s 500 dropped 10 percent from their all-time highs, set Jan. 26. The markets have logged losses during five of the last six trading days. Analysts blamed the falling stock prices on fears the Federal Reserve would begin to raise interest rates more quickly amid positive economic indicators, including the latest wage report from the Labor Department.

Stocks opened higher on Wall Street Wednesday morning following two days of tumult. After the Dow Jones industrial average took a 1,175-point nosedive on Monday, stocks plunged again Tuesday morning, but the market pulled off a late-afternoon rally, taking back some of the lost territory. Consumer-focused companies like Disney and Amazon made the most gains. Global trading also was calmer Wednesday, with markets in Germany, Britain, France, and Japan up slightly. But investors are still nervous: The VIX index, Wall Street’s “fear gauge” is currently double where it was two weeks ago.

Traders prepared for a wild ride Tuesday as stock markets around the world responded to Monday’s steep decline in U.S. markets. The Dow Jones industrial average tumbled 1,150 points Monday, its biggest decline in 6½ years. The selloff prompted fears the economic recovery had come to a screeching halt after years of record market growth. But analysts say U.S. economic fundamentals remain strong, prompting questions about what caused the sudden flurry of trading.

The Securities and Exchange Commission, the U.S. government’s financial regulator, revealed late Wednesday that hackers breached its data systems last year, stealing information possibly used to make illegal trades. The SEC’s Edgar filing system includes corporate information on quarterly earnings and statements on mergers and acquisitions. Anyone privy to the information before it’s made public can use it to anticipate rises or declines in stock prices.

Propelled by positive results from Apple Inc., the Dow Jones industrial average rose above 22,000 for the first time Wednesday. Other market indicators such as the Nasdaq composite and the Standard & Poor’s 500 index, which measure a broader spectrum of stocks, fell slightly Wednesday. The Dow tracks 30 big-name U.S. companies and was buoyed by Apple’s fiscal third-quarter results, which were better than anticipated. Apple stock climbed 5.6 percent after the announcement.