Reported 9 days ago
U.S. stocks edged higher in early trading on Wednesday as investors react to escalating tensions in the trade war, with China imposing an 84% tariff on U.S. goods in response to Trump's 104% tariffs. The S&P 500 rose by 0.6%, the Nasdaq increased by more than 1%, while the Dow Jones remained relatively flat. Despite the volatility, Treasury Secretary Scott Bessent expressed optimism about potential trade agreements, while President Trump urged investors to buy during this turbulent period.
Source: YAHOO