Reported 2 days ago
U.S. stocks saw an uptick on Wednesday as investors reacted to President Trump's announcement of new tariffs and analyzed the latest Federal Reserve meeting minutes. The S&P 500 increased by 0.3% and the Nasdaq rose by 0.2%. The Fed minutes indicated a consensus to maintain restrictive policy levels, linked to strong economic performance and rising inflation risks. Tariff implications loomed large, with potential 25% tariffs on various imports, including cars and pharmaceuticals, set to begin soon.
Source: YAHOO