Wall Street and dollar rise on Trump tariff flexibility; positive
From Yahoo Finance: 2025-03-20 22:44:00
Wall Street edged higher and the dollar gained ground after President Trump hinted at flexibility with upcoming tariffs. Despite economic uncertainties and geopolitical tensions, major U.S. stock indexes saw gains. Gold remained above $3,000 per ounce. Central bank officials expressed caution regarding the economic effects of tariffs. Markets awaited details on reciprocal tariffs set for April 2. Global tensions, geopolitical events, and economic data influenced investor sentiment. U.S. economic indicators and final GDP data were expected. Stock indexes globally experienced fluctuations, with the dollar strengthening against the euro and yen. Treasury yields rose slightly. Crude oil prices increased, while gold paused its record run but still saw gains.
Read more at Yahoo Finance: Wall St ends higher, dollar rises as Trump signals tariff respite