Reported 2 days ago
US stock markets closed higher on Wednesday, with the S&P 500 reaching a new record high as investors digested President Trump's announcement of new tariffs and the recent Federal Reserve meeting minutes. The S&P 500 rose by about 0.2%, while both the Nasdaq and Dow Jones saw slight gains. The Fed's minutes indicated officials are focused on maintaining restrictive policy levels due to ongoing inflation concerns, noting that adjustments may come if the economic outlook worsens. Investors are wary of potential impacts from Trump's upcoming tariffs on autos, chips, and pharmaceuticals.
Source: YAHOO