Stock market today: S&P 500 ends higher, but U.S.-China trade deal optimism fades
The S&P 500 closed higher Wednesday, but well off session highs, as US Treasury Secretary Scott Bessent cooled some optimism on a quick resolution to the U.S.-China trade standoff.
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On Tuesday, Trump that high tariffs on China will come down "substantially," but "it won't be zero."
(NaeemJaan contributed to this article.)
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