U.S. stocks were gaining early Wednesday as traders digested President Donald Trump’s policy plans. His early announcements eased concerns about tariffs on imports and bolstered the outlook for technology firms.
Looking ahead, the important thing aspects for markets could hinge on Trump news the remainder of the week. He’s already signed dozens of executive orders. While his broad vision of trade, deregulation, and tax cuts is obvious, loads will rely upon the small print of the way it’s enacted.
On Tuesday, Trump signaled he’ll move cautiously on tariffs–certainly one of his first orders said the U.S. will review trade policies, fairly than levy latest taxes on trade straight away. That would change quickly, because the order also lays the groundwork for motion later.