Wall Street held relatively firm on Tuesday following President Donald Trump’s latest tariff escalation and after the Federal Reserve hinted interest rates may not change for a while. The S&P 500 was virtually unchanged and edged up by less than 0.

NEW YORK (AP) — Some calm is returning to Wall Street Tuesday, and U.S. stock indexes are making only modest moves in early trading after much of Europe and Asia rose earlier in the day.

U.S. stocks closed higher as investors snatched up aluminum and steel shares on President Trump's plan for a 25% tariff on those imports.

Stocks on Wall Street edged higher Wednesday as the focus swings back toward how much profit businesses are making. The S&P 500 rose 0.3% in afternoon trading. The Dow Jones Industrial Average was up 274 points,

Asian shares are trading mostly higher after a Wall Street rally that followed profit reports from major companies.

Wall Street's main indexes closed higher on Monday, lifted by Nvidia and other AI-related stocks, while steelmakers surged after U.S. President Donald Trump said he would impose additional tariffs on steel and aluminum imports.