FX.co ★ US Stocks Edge Up

On Wednesday, U.S. stock indices exhibited a predominantly upward trend. The S&P 500 edged up by 0.1%, the Nasdaq gained 0.2%, and the Dow Jones hovered around breakeven. Investors maintained their focus on corporate earnings and trade developments, especially following President Trump's announcement of heightened tariffs targeting nations purchasing energy from Russia. Additionally, he intimated that forthcoming tariffs on semiconductor and pharmaceutical imports would be revealed "within the next week or so." Apple enjoyed a 2.8% rise, with President Trump poised to declare the company's commitment to an additional $100 billion investment in domestic manufacturing. Moreover, Arista Networks soared by 15% after surpassing expectations, while McDonald's increased by 2.1% on the back of robust earnings and revenue figures. Conversely, AMD saw a decline of over 6% as it did not provide a clear timeline for resuming sales in China. Meanwhile, Walt Disney dropped 4.9% after falling short of revenue estimates, and Uber dipped 0.9% despite delivering better-than-expected results.