U.S. stocks were gaining early Wednesday as traders digested President Donald Trump’s policy plans. His early announcements eased concerns about tariffs on imports and bolstered the outlook for technology companies.
Looking ahead, the key factors for markets could hinge on Trump news the rest of the week. He’s already signed dozens of executive orders. While his broad vision of trade, deregulation, and tax cuts is clear, a lot will depend on the details of how it’s enacted.
On Tuesday, Trump signaled he will move cautiously on tariffs–one of his first orders said the U.S. will review trade policies, rather than levy new taxes on trade right away. That could change quickly, as the order also lays the groundwork for action later.