U.S. stocks ended higher on Wednesday, but the day's uneven path showed inv...
NEW YORK - U.S. stocks ended higher on Wednesday, but the day’s uneven path showed investors’ sensitivity to any signs of turmoil in the Middle East, with stocks rising on comments by President Donald Trump and paring gains on reports of blasts in Baghdad.
Trump spoke at a White House briefing after Iran’s missile strikes overnight on military bases housing U.S. troops in Iraq. The U.S. president said the strikes had not harmed any Americans and that Tehran appeared to be standing down. Both the S&P 500 and Nasdaq hit record intraday highs, but major indexes cut their gains late in the day following reports of two blasts heard in Baghdad. After the bell, Iraq’s military said two rockets had fallen inside Baghdad’s Green Zone but there were no casualties.
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