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US stocks gain on lingering hopes over Trump tariffs

US stocks gain on lingering hopes over Trump tariffs


NEW YORK: Wall Street stocks mostly closed higher on Tuesday (Mar 25), building on earlier gains amid hopes that US President Donald Trump might take a narrower approach to upcoming tariffs than originally expected.

The Dow Jones Industrial Average was flat at 42,587.50, while the broad-based S&P 500 Index advanced 0.2 per cent to 5,776.65.

The tech-focused Nasdaq Composite Index added 0.5 per cent to 18,271.86.

“The absence of bad news is good news for stocks,” said Adam Sarhan of 50 Park Investments.



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