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US stocks were gaining early Wednesday as traders digested President Donald Trump’s policy plans. His early announcements eased concerns about import tariffs and boosted the outlook for tech companies.
Looking ahead, key drivers for the markets could hinge on Trump news for the rest of the week. He has already signed dozens of executive orders. While his broad vision for trade, deregulation and tax cuts is clear, much will depend on the details of how it is enacted.
On Tuesday, Trump indicated that he will move with caution on tariffs: One of his first orders said the US would review trade policies, rather than immediately impose new taxes on trade. That could change quickly, as the order also lays the groundwork for further action.
