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As of 9:40 AM EST today, major US stock indices displayed positive momentum as Apple’s earrings added to market optimism.
The S&P 500 stood at 6,099.29 USD, marking a 0.46% increase. The NASDAQ 100 Index also saw an upward trend, rising 0.45% to 21,508.12 USD. Meanwhile, the Dow Jones Industrial Average climbed to 44,980.33 USD, reflecting a 0.22% gain.
The NASDAQ Composite Index registered a 0.25% increase, reaching 19,681.75 USD. However, the NYSE Composite Index was the only major index to decline, slipping 0.08% to 20,150.11 USD.
Investors are also awaiting updates on U.S. inflation and tariffs on foreign imports. It is most likely that Trump will continue with his decision to impose 25% import tariffs on China and Mexico. As reported by CNBC, Trump may not consider imposing tariffs on oil coming from these two countries if they properly price the oil.
Disclaimer: This article is for informational purposes only and does not constitute any financial advice.