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Barchart
Barchart
Rich Asplund

Stocks See Support as Trump Softens Tariff Rhetoric

The S&P 500 Index ($SPX) (SPY) today is up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.10%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.06%.  March E-mini S&P futures (ESH25) are down -0.17%, and March E-mini Nasdaq futures (NQH25) are down -0.15%. 

Stocks today are mostly higher, with the S&P 500 posting a new record high and the Nasdaq 100 posting a 5-week high. Stocks are climbing today on President Trump's softening approach toward tariffs.  Thursday evening, Trump told Fox News that he would "rather not" use tariffs against China, the world's second-largest economy. President Trump has also held back from imposing tariffs on Europe, though he warned of tariffs against Canada and Mexico.

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