S&P 500, Nasdaq ~flat, Dow off 0.3% after latest Fed Minutes
Healthcare leads S&P 500 sector gainers; Materials weakest group
Dollar, crude, bitcoin up; gold dips
US 10-Year Treasury yield flat at ~4.54%
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
WHY STOCKS ARE HOLDING UP DESPITE TARIFF, OTHER RISKS
Stocks have mostly held up in the face of tariff announcements and other concerns such as the popularity of Chinese AI model DeepSeek, and that's partly because the U.S. economy and earnings remain strong, Lauren Goodwin, economist and chief market strategist at New York Life Investments, said on Wednesday.
The benchmark S&P 500 .SPX is up more than 4% year-to-date.
U.S. President Donald Trump on Tuesday announced more plans for tariffs, saying that he intended to impose auto tariffs "in the neighborhood of 25%" along with similar duties on semiconductor and pharmaceutical imports.
Investors have been concerned that such moves will create higher inflation.
But, Goodwin said, "we don't know how tariffs will play out exactly, so I perceive the market saying - we don't know, so let's look through it until we do know."
"There's nothing an investor can do to control what happens with tariffs," she added.
At the same time, she said, "the economic backdrop for this market is strong; the earnings backdrop for this market is resilient."
Among recent data, a report showed U.S. producer prices increased solidly in January.
With equities, the firm is "staying invested but diversified," and "more inclined to deploy new capital toward large cap value equities than growth equities."
(Caroline Valetkevitch)
*****
FOR WEDNESDAY'S EARLIER LIVE MARKETS POSTS:
THE PROBLEM WITH DEREGULATION BY JOB CUTS - CLICK HERE
BOFA CLIENTS SHUN SMALL CAPS, SNAP UP JUST ABOUT EVERYTHING ELSE - CLICK HERE
FED CAUTION LIKELY TO PUSH RATES IN MAJOR EMERGING MARKETS HIGHER, S&P GLOBAL RATINGS SAYS - CLICK HERE
HOME GAMES: HOUSING STARTS/BUILDING PERMITS, MORTGAGES- CLICK HERE
U.S. INDEXES EASE EARLY AS TRUMP PLANS MORE TARIFFS - CLICK HERE
LARGE CAPS PARTY, SMALL CAPS LEFT OUT - CLICK HERE
WHAT DOES EUROPE NEED FOR FURTHER RE-RATING? - CLICK HERE
FRENCH CORPORATE SPREADS: GLASS HALF FULL OR HALF EMPTY? - CLICK HERE
MARKETS TOO RELAXED ABOUT CANADIAN DOLLAR DECLINES - WESTPAC - CLICK HERE
WHO CARES ABOUT TARIFF THREATS? - CLICK HERE
EUROPE BEFORE THE BELL: STOCKS RALLY CALMING DOWN - CLICK HERE
MORNING BID MARKETS BECOMING NUMB TO TARIFF VOWS CLICK HERE
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。