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Wall Street holds steadier, for now at least, after its sell-off WSOC TV [Video]

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Canadian National News

NEW YORK — (AP) — The U.S. stock market is holding a bit steadier on Wednesday, for now at least, following the sharp tumble that wiped out the last of the “Trump bump” it received following the presidential election in November.

The S&P 500 was up 0.3% in early trading after losing 6% since setting its all-time high last month and returning to where it was before President Donald Trump’s election. The Dow Jones Industrial Average was up 180 points, or 0.4%, as of 9:45 a.m. Eastern time, and the Nasdaq composite was 0.2% higher.

Sharper moves may still be ahead in the day, though, with a couple potential flashpoints already on the calendar. In less than a half hour, a report will show how retailers, restaurants and other businesses in the U.S. services industries are faring.

Perhaps more consequentially, Trump may announce later on Wednesday whether he’ll modify the tariffs he placedon Mexico, Canada and China early Tuesday. The …

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