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US stocks traded in the green on Tuesday as investors digested President Donald Trump’s first policy moves, with promised tariffs on Mexico and Canada front of mind.
The Dow Jones Industrial Average (^DJI) led stocks higher with the index up over 1% on the heels of solid earnings from 3M Company (MMM). Shares jumped over 5% after the company issued optimistic full-year guidance, making it the top performer within the Dow.
The benchmark S&P 500 (^GSPC) moved up roughly 0.8%, while the Nasdaq Composite (^IXIC) climbed about 0.7% despite wobbly midday performances from Tesla (TSLA) and Apple (AAPL). Nvidia (NVDA) shares inched up nearly 3% after a shaky start to the session.
Wall Street is bracing for volatility as the new president storms ahead with executive orders and actions, with energy and trade center stage. It’s the first day of trading in Trump’s second term, as US markets were closed Monday for the Martin Luther King Jr. holiday.
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