Reported 15 days ago
U.S. stocks closed mixed on Wednesday as the market navigated choppy trading influenced by strong bank earnings and persistent U.S.-China trade tensions. The S&P 500 rose by 0.4%, while the Dow Jones remained flat and the Nasdaq recorded a modest gain of 0.6%. Expectations for interest rate cuts were buoyed by comments from Federal Reserve Chair Jerome Powell, yet concerns over trade relations, particularly regarding potential sanctions from the U.S. on China, continued to weigh on investor sentiment.
Source: YAHOO