The S&P 500 added 0.3% Wednesday after whipping through an earlier drop

President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve.

The S&P 500 added 0.3% Wednesday after whipping through an earlier drop and subsequent recovery.

The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite gained 0.3%. Trump said he’s unlikely to fire Fed Chair Jerome Powell.

Such a move could help Wall Street get the lower interest rates that investors love, but it would also raise the risk of a weakened Fed less able to make the unpopular moves needed to keep inflation under control.

The S&P 500 rose 19.94 points, or 0.3%, to 6,263.70.

The Dow Jones Industrial Average rose 231.49 points, or 0.5%, to 44,254.78.

The Nasdaq composite rose 52.69 points, or 0.3%, to 20,730.49.

The Russell 2000 index of smaller companies rose 21.93 points, or 1%, to 2,226.98.