Investors try to keep up with President Trump’s tariff message but uncertainty reigns.
Traders work on the floor of the New York Stock Exchange. Reports Wednesday that the United States might hold off on auto tariffs sent shares of Ford, General Motors, Tesla and Daimler higher.
The Standard & Poor’s 500-stock index and tech-packed Nasdaq composite index also were on the upswing as investors weighed news from Asia, the tense Persian Gulf and the minute-by-minute roller coaster of Trump trade policy. ”We are probably in for a protracted period of volatility,” said Ed Yardeni, president of Yardeni Research. “These trade issues aren’t going to go away that quickly. Right now, the administration is stuck in the trenches on the China front longer than it expected.”
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