Marta Norton, Chief Investment Strategist at Empower Investments, stated, "Any positive news from the U.S. government, such as what Bessent said on Tuesday about easing trade tensions, leads the market away from a negative baseline. Investors are anxious as we try to figure out the real costs, scope, and duration of tariffs, as well as their impact on the economy. This environment makes every small piece of news resonate more."

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