Market Uncertainty Amid Tariff Concerns and Fed Policies

The U.S. stock market experienced a mixed day as concerns over President Trump's tariff policies weighed heavily on investor sentiment. Despite earlier optimism fueled by Federal Reserve Chair Jerome Powell's reassurances, the Nasdaq Composite saw a slight decline.

The Fed maintained interest rates and adjusted projections for growth and inflation, acknowledging heightened economic uncertainty. Tariffs are anticipated to impact corporate earnings, leading to downward revisions in forecasts.

Meanwhile, the White House prepares new tariffs that could exacerbate tensions and affect international trade. The market is also bracing for key earnings reports from major companies, adding to the overall cautious atmosphere.

Investors remain vigilant as they navigate the complexities of policy changes and economic indicators, with recession odds reportedly increasing. Amidst these challenges, the Fed's stance on inflation suggests a focus on longer-term stability in the face of immediate pressures.