Reported 5 days ago
The US stock market gained on Thursday as President Trump announced plans for reciprocal tariffs but postponed their implementation, allowing negotiations with affected countries. The S&P 500 approached a record close, the Dow Jones rose over 0.7%, and tech stocks, led by Nvidia and Tesla, boosted the Nasdaq by more than 1.5%. Inflation indicators remained a concern, with wholesale prices increasing more than expected, indicating that the Federal Reserve's struggle with inflation is ongoing.
Source: YAHOO