Wall Street Pares Losses on Tariff Exemption Talk
Wall Street was mixed on Wednesday, with the S&P 500 staging a recovery attempt after a day of losses while the Dow Jones Industrial Average was poised for a weaker close for the first time in three sessions and the Nasdaq Composite advanced.
While markets were jolted by news of the departure of Gary Cohn, a top economic adviser to President Donald Trump, the measures were off the day's lows heading into the close after the White House said it might exempt Canada and Mexico from the steel and aluminum tariffs that Trump is expected to sign this week.
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