U.S. stocks rose early Wednesday as traders digested President Donald Trump’s political plans. His early announcements eased concerns about import tariffs and bolstered the outlook for technology companies.
Looking ahead, the key factors for markets could depend on the 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 implemented.
On Tuesday, Trump signaled he would move cautiously on tariffs: One of his first orders said the United States would review trade policies, rather than immediately impose new trade taxes. This could change quickly, as the order also lays the groundwork for subsequent actions.