NEW YORK – Wall Street held relatively firm Tuesday following President Donald Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while.
The S&P 500 was virtually unchanged and edged up by less than 0.1% in the market’s first trading since Trump announced 25% tariffs on all foreign steel and aluminum coming into the country. The Dow Jones Industrial Average added 123 points, or 0.3%, and the Nasdaq composite slipped 0.4%.
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