Wall Street finishes higher, futures reverse gains

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The Star 1d ago

Wall Street finishes higher, futures reverse gains - The Star

Quick Summary:

US stock indices finished higher after a choppy trading session on Wednesday, falling early and then rebounding as investors made last-minute bets to position themselves ahead of US President Donald Trump's sweeping tariff announcements.

Focus will now switch to the crucial monthly non-farm payrolls data as well as Federal Reserve chair Jerome Powell's speech on Friday for insights into the health of the US economy and trajectory of interest rates.

On the data front, US private payrolls growth accelerated in March and new orders for US-manufactured goods increased solidly in February, likely as businesses front-loaded orders ahead of tariffs.