Stocks were holding onto sizable gains Wednesday as many investors cheered the possibility trade talks between the United States might at least start. At the same time, President Trump's announcement he wouldn't try to remove Federal Reserve Chairman Jerome Powell cheered the market,

The stock market hasn’t made any big moves today despite more passive action on tariffs by the administration as earnings reports have come in mixed and many firms are starting to feel the effects of the trade war.

Premarket trading on Wall Street was mixed Wednesday as more companies post their latest earnings while uncertainty over President Donald Trump’s trade war lingers. Futures for the S&P 500 turned 0.3% lower,